Natural gas prices are the highest in the residential sector. In 2023, U.S. households paid an all time high average of 15.2 U.S. dollars per 1,000 cubic feet. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around four U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. All sectors saw a year-on-year increase in natural gas prices in 2022 due to the decline in U.S. natural gas production in the first quarter of 2022, which resulted in high withdrawals of natural gas from storage and an increase in average natural gas prices. The growing natural gas market In recent years, the average natural gas prices for all sectors have been increasing in the United States. In 2022, the residential sector witnessed an increase in natural gas prices higher than 2008, while natural gas prices for other sectors were still lower despite increases in average natural gas prices for those sectors. Meanwhile, consumption of natural gas has increased more than any other fuel type following the 2008 Recession. Petroleum consumption has been more variable, and use of coal has significantly decreased. The price of coal and crude oil had already been increasing since the early 2000s, and was further exacerbated by the financial crisis. Around the same time, the cost of natural gas dropped significantly, making it a more viable economic alternative compared to other fossil fuels. This decrease was in part the result of drastically increased production of shale gas as a result of hydraulic fracturing and other techniques.

Winter natural gas prices in the United States are forecast to see a notable increase in 2022/23. U.S. consumers are expected to pay an average of 15.95 U.S. dollars per thousand cubic feet of natural gas. This would mean an increase of over two U.S. dollars and comes in the wake of many countries and regions currently embattled in an energy supply shortage.

The state with the highest price of natural gas for industry in 2023 was Hawaii, standing at 28.4 U.S. dollars per thousand cubic feet, a decrease when compared to the previous year. During the same year, Texas had the lowest industrial natural gas price in the country, at 2.7 U.S. dollars per thousand cubic feet. Meanwhile, the average natural gas price for industry in the U.S. stood at 7.9 U.S. dollars per thousand cubic feet in 2022.

Household prices for natural gas in the United States reached 14.59 U.S. dollars per thousand cubic feet in 2024. This was a decrease compared to the previous year, which saw prices peak at more than 15 U.S. dollars. The 2023 price hikes were due to extreme winter weather events, which resulted in a decline in natural gas production and processing.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the industrial natural gas price in the United States was 3.93 U.S. dollars per thousand cubic feet. This was a decrease compared to the previous year. In 2008, the U.S. price of natural gas for industry peaked at 9.65 U.S. dollars per thousand cubic feet as a result of the Great Recession. Despite the increase in natural gas prices for the industry sector in recent years, natural gas prices for other sectors were much higher. Regional price variations across U.S. hubs Natural gas prices can vary significantly across different regions of the United States. In 2024, the Waha trading hub in the Permian basin recorded the lowest spot prices due to its proximity to productive oil and gas wells and limited pipeline capacity. Meanwhile, the Henry Hub, which serves as the U.S. natural gas benchmark, averaged 2.2 U.S. dollars per million British thermal units in 2024. Looking ahead, forecasts suggest that Henry Hub prices could more than double by 2026, driven by increased demand. Industry natural gas prices around the world Switzerland has some of the highest natural gas prices for the industrial sector. U.S. prices are especially low in comparison to European countries, which rely on imports. U.S. industrial natural gas consumers paid around one fourth of the price paid by Swiss consumers.

United States EIA Forecast: Natural Gas Price: Henry Hub Spot (Th Cubic Ft) data was reported at 3.366 USD/1000 Cub ft in Dec 2019. This records an increase from the previous number of 3.210 USD/1000 Cub ft for Nov 2019. United States EIA Forecast: Natural Gas Price: Henry Hub Spot (Th Cubic Ft) data is updated monthly, averaging 3.097 USD/1000 Cub ft from Mar 2016 (Median) to Dec 2019, with 46 observations. The data reached an all-time high of 3.715 USD/1000 Cub ft in Jan 2017 and a record low of 1.819 USD/1000 Cub ft in Apr 2016. United States EIA Forecast: Natural Gas Price: Henry Hub Spot (Th Cubic Ft) data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P003: Energy Price: Forecast: Energy Information Administration.

Working gas held in storage facilities in the United States increased by 53 billion cubic feet in the week ending July 4 of 2025 . This dataset provides the latest reported value for - United States Natural Gas Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The size of the US Natural Gas Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. The natural gas market in the United States is a crucial component of the nation's energy landscape, involving the production, transportation, and utilization of natural gas, which is essential for electricity generation, heating, and various industrial applications. This market is notably influenced by the significant development of domestic shale gas resources, particularly from regions such as the Marcellus and Permian basins, which have greatly increased production levels in the U.S. As a result, the country has emerged as one of the foremost producers and exporters of natural gas globally. The market is supported by a comprehensive infrastructure, featuring an extensive network of pipelines, storage facilities, and liquefied natural gas (LNG) export terminals that enable effective distribution and international trade. The growth of natural gas usage has been propelled by its comparatively lower carbon emissions relative to coal and oil, aligning with environmental standards and sustainability objectives. Nevertheless, the market encounters challenges, including price fluctuations, changes in regulations, and environmental issues associated with hydraulic fracturing and methane emissions. In spite of these obstacles, the U.S. natural gas market continues to thrive, with ongoing investments in infrastructure and technology focused on improving efficiency and minimizing environmental effects. Ultimately, this market is vital to the nation's energy framework, enhancing energy security and fostering economic development. Recent developments include: May 2022: According to the US Energy Information Administration, the Natural Gas Pipeline Project Tracker was updated with recent approvals and completions of pipeline projects. As of the end of the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects to increase the export of US natural gas by pipeline and LNG. FERC approved two projects connecting LNG terminals in Louisiana. The Evangeline Pass Expansion Project, owned by Tennessee Gas Pipeline Company, is 1.1 billion cubic feet in size. It is intended that the proposed Plaquemines LNG Project in Plaquemines Parish, Louisiana, be supplied with natural gas by constructing 13.1 miles of new pipeline and two new compressor stations., April 2022: TotalEnergies signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd., and Japan LNG Investment for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, United States. The expansion project includes the development of a fourth train with a production capacity of 6.75 million metric tons per annum (Mtpa), as well as the debottlenecking of the first three trains to increase production by 5%.. Key drivers for this market are: Increasing Global Demand for Refined Petroleum Products4., Economic Growth and Industrialization. Potential restraints include: Environmental Concerns and Regulations. Notable trends are: Power Generation Segment to Dominate the Market.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

The US natural gas market, a significant component of the global energy landscape, is projected to experience robust growth over the forecast period (2025-2033). Driven by increasing demand from the power generation sector, a shift towards cleaner energy sources (compared to coal), and ongoing industrialization, the market is poised for expansion. The abundance of shale gas reserves within the US contributes significantly to this growth, making the nation a key player in global natural gas production and trade. While challenges exist, such as fluctuating prices influenced by global supply chains and environmental concerns regarding methane emissions, technological advancements in extraction and infrastructure development are mitigating these risks. The residential sector also contributes to market growth, albeit at a slower rate compared to power generation and industrial applications. Competition among major players like ExxonMobil, Chevron, and ConocoPhillips, fuels innovation and efficiency improvements within the industry. The market segmentation by gas type (wet and dry) further reflects the diverse applications and evolving needs of consumers and industries. Assuming a conservative CAGR of 5% based on the provided information, and a 2025 market size of approximately $300 billion (a reasonable estimate considering the scale of the US energy market), we can project substantial growth throughout the forecast period. Growth is expected to be most pronounced in regions with strong industrial activity and expanding power grids. The specific growth trajectory will depend on factors such as government policies promoting natural gas utilization (or potentially phasing it out), technological advancements, and global geopolitical events impacting energy prices. Nonetheless, the US natural gas market is expected to maintain its position as a major contributor to the national energy supply and a significant player in the global energy market. Further analysis of specific segments (e.g., wet vs. dry natural gas within each end-use sector) would provide more granular insights into market dynamics and investment opportunities. The overall outlook remains positive, projecting significant value creation and economic benefits over the next decade. Recent developments include: May 2022: According to the US Energy Information Administration, the Natural Gas Pipeline Project Tracker was updated with recent approvals and completions of pipeline projects. As of the end of the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects to increase the export of US natural gas by pipeline and LNG. FERC approved two projects connecting LNG terminals in Louisiana. The Evangeline Pass Expansion Project, owned by Tennessee Gas Pipeline Company, is 1.1 billion cubic feet in size. It is intended that the proposed Plaquemines LNG Project in Plaquemines Parish, Louisiana, be supplied with natural gas by constructing 13.1 miles of new pipeline and two new compressor stations., April 2022: TotalEnergies signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd., and Japan LNG Investment for the expansion of Cameron LNG, a liquefied natural gas (LNG) production and export facility located in Louisiana, United States. The expansion project includes the development of a fourth train with a production capacity of 6.75 million metric tons per annum (Mtpa), as well as the debottlenecking of the first three trains to increase production by 5%.. Notable trends are: Power Generation Segment to Dominate the Market.

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© Oil_Gas_Change This layer is sourced from gis.ers.usda.gov.

The size of the Natural Gas Market in Middle East market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.00% during the forecast period. The natural gas market in the Middle East is a crucial element of the regional energy resource, characterized by rich reserves and large-scale production potential. Among the major producers are Qatar, Iran, and Saudi Arabia, while Qatar leads in the exportation of liquefied natural gas (LNG). Undoubtedly, the enormous natural gas resources of the Middle East are not only highly important for use in fulfilling the needs of the energy area but also to supply global energy needs. There has also been increased investment in natural gas infrastructure, such as the pipelines, processing facilities, and LNG export terminals in the region in recent years. Such initiatives are targeted at increasing the export capacity and diversifying energy markets. Qatar is investing in expansion of its production capacity of LNG in order to capture a significant foothold in the global market, while Iran invests in the development of gas fields as well as enhancing capacities and capabilities for exports. Yet there are several issues afflicting the market, including geopolitical tensions that would naturally affect its supply chains and investments. For longer-term demands, the increased interest in renewable energy and sustainability could switch demand for fossil fuels, including natural gas. Despite this, however, the natural gas market in the Middle East is a market in itself destined to grow due to ongoing requirements from security in energy, especially regional power generation and export opportunities, especially in Asia, where demand for natural gas remains high. Recent developments include: In March 2022, the governments of Saudi Arabia and Kuwait signed a contract to develop the offshore gas resource known as Durra, located in their shared neutral zone. The offshore gas field is anticipated to generate 84,000 barrels of condensate daily and 1 billion cubic feet of gas daily., In December 2021, TotalEnergies signed an agreement with the Oman government to sustain the country's natural gas resources and to develop its energy sector more sustainably.. Key drivers for this market are: 4., Growing Demand for Renewable Energy4.; Upcoming Investments in the Energy Sector and Supportive Renewable Energy Policies. Potential restraints include: 4., High Initial Investment Cost and Long Investment Return Period on Projects. Notable trends are: Power generation to Dominate the Market.

{"definition": "Change in production, 2011 value minus 2000 value, valued at $5.80 per 1,000 cubic foot- Mcf. H_Growth -value of 2 in data download: 2011 value - 2000 value >= $20 million; H_Decline -value of 9 in data download: 2011 value 2000 val <= -$20 million; Status Quo (value of 0 in data download): 2011 value - 2000 value change <+/- $20 million, or no data", "availableYears": "2000-2011", "name": "Change in the value of onshore natural gas production, 2000-11", "units": "Number", "shortName": "Gas_Change", "geographicLevel": "County", "dataSources": "ERS-USDA, State agency data on gas production. See County-level Oil and Gas Production in the U.S."}

© Gas_Change This layer is sourced from gis.ers.usda.gov.

Emissions from 377 gas actuated (pneumatic) controllers were measured at natural gas production sites and a small number of oil production sites, throughout the United States. A small subset of the devices (19%), with whole gas emission rates in excess of 6 standard cubic feet per hour (scf/h), accounted for 95% of emissions. More than half of the controllers recorded emissions of 0.001 scf/h or less during 15 min of measurement. Pneumatic controllers in level control applications on separators and in compressor applications had higher emission rates than controllers in other types of applications. Regional differences in emissions were observed, with the lowest emissions measured in the Rocky Mountains and the highest emissions in the Gulf Coast. Average methane emissions per controller reported in this work are 17% higher than the average emissions per controller in the 2012 EPA greenhouse gas national emission inventory (2012 GHG NEI, released in 2014); the average of 2.7 controllers per well observed in this work is higher than the 1.0 controllers per well reported in the 2012 GHG NEI.

United States - Natural Gas Consumption was 3243.70000 Bil. Cubic Feet in February of 2025, according to the United States Federal Reserve. Historically, United States - Natural Gas Consumption reached a record high of 3921.90000 in January of 2025 and a record low of 1368.40000 in June of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Natural Gas Consumption - last updated from the United States Federal Reserve on June of 2025.

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching **** U.S. dollars per million metric British thermal units in May 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends. Natural gas prices become less volatile The Asian LNG market experienced less turbulence in 2023 compared to the previous year, with price volatility dropping to ** percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at ***** index points in March 2025, showing a decrease of nearly ** points that month. This upward trend in natural gas prices contrasts with the comparatively lower crude oil price indices and follows greater heating demand in the winter months. Landed prices vis-à-vis export prices Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately ***** U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to **** U.S. dollars per thousand cubic feet in 2023, down from ***** U.S. dollars the previous year.

In 2020, the average current natural gas production rate stood at 6.6 billion cubic feet per day. As of the same date, Egypt had a natural gas production capacity of 7.2 billion cubic feet per day.

The size of the Ecuador Oil and Gas Midstream Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 1.03% during the forecast period. The oil and gas midstream market refers to the sector that encompasses the transportation, storage, and processing of crude oil, natural gas, and refined petroleum products. This segment acts as a crucial link between the upstream sector, which involves exploration and production, and the downstream sector, which focuses on refining and distribution. Midstream activities include the construction and operation of pipelines, storage facilities, and processing plants that facilitate the movement of hydrocarbons from production sites to refineries and end-users. Pipelines are the primary mode of transport in the midstream sector, as they provide a cost-effective and efficient means of moving large volumes of oil and gas over long distances. Storage facilities, on the other hand, play a vital role in managing supply and demand fluctuations, allowing companies to store excess production during low-demand periods and release it during peak demand times. Additionally, processing facilities are essential for removing impurities from raw hydrocarbons and converting them into market-ready products. Recent developments include: Oct 2022: Ecuador's state-run oil firm Petroecuador anticipates choosing a contractor to increase the Amistad offshore gas field's production capacity. To boost the field's natural gas production from its present level of 100 million cubic feet per day (mmcfd) to 24 mmcfd, the selected contractor would invest at least USD 500 million. The growing natural gas production will support the growth of natural gas supply and transportation across the country., Mar 2022: Frontera Energy Corporation announced that it had found 27.2 degrees API light crude oil on the Perico block at the Tui-1 exploration well in Ecuador.. Key drivers for this market are: 4., The Growing Demand for Solar Energy-Based Power Generation4.; Declining Photovoltaic System Prices. Potential restraints include: 4., The Country's Inefficient Electricity Grid Infrastructure. Notable trends are: Transportation Sector to Witness Growth.

With trillions of cubic feet of shale reserves, the United States’ (US) abundance of natural gas has prompted an increase in production of Liquefied Natural Gas (LNG) as an export commodity. While the Trump administration has taken strides to loosen policy set by the Federal Energy Regulatory Commission (FERC) in order to streamline US LNG export facility permitting, UNOTI has reasoned that policies focused too heavily on LNG as an export is misguided. A more robust energy policy acknowledges the higher value of natural gas to the petrochemical manufacturing industries as well as the development and commercialization of new LNG technologies in the maritime industry, particularly as a marine fuel. Furthermore, US energy independence fueled by shale mining will alter how the US acts in the global market place, thereby destabilizing the system in place since the Bretton Woods Agreement in 1944. However, competing natural gas rich nations like Australia, Qatar, and Russia have similar goals to expand production indicating US LNG export growth will not be without competition. In addition to potential increases in US LNG exports and what this implies for global markets, this paper discusses current transportation developments in LNG powered marine vessel refueling technology allowing for waterside refueling as an alternative to shore side bunkering, as well as an overview of what increased US shale frac’ing and LNG export implies for US roadway infrastructure and how short sea shipping may provide an alternative to trucking and rail movements.