Natural gas prices are the highest in the residential sector. In 2024, U.S. households paid 14.59 U.S. dollars per 1,000 cubic feet, down from an all-time high of over 15.2 U.S. dollars per 1,000 cubic feet. Overall, U.S. residential natural gas prices have increased nearly tenfold since 1975. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around three U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. The growing natural gas market U.S. natural gas consumption has increased more than any other fuel after the U.S. oil boom of the 2010s. Petroleum consumption has been more variable, and use of coal has significantly decreased. Today, natural gas is used extensively for electric power generation, with it having overtaken coal as the primary electricity generating source. This is despite coal prices being a lot less volatile and generally lower than natural gas. Future of natural gas on the global stage Natural gas is also an important energy source worldwide. It has been the second-largest source of electricity generation since the 2000s and has slowly narrowed the gap to coal, the world's main power source. In 2024, natural gas-powered turbines the world over generated 6,890 terawatt-hours of electricity.

Natural gas rose to 4.94 USD/MMBtu on December 3, 2025, up 2.04% from the previous day. Over the past month, Natural gas's price has risen 13.71%, and is up 62.29% compared to the same time last year, 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 December of 2025.

Hawaii was the state with the highest price of natural gas for industry in 2024, standing at 28.35 U.S. dollars per thousand cubic feet. This was more than double the price in Massachusetts, which ranked second. Meanwhile, the average natural gas price for industry in the U.S. stood at 3.93 U.S. dollars per thousand cubic feet in 2024.

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.

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.

View monthly updates and historical trends for Pennsylvania Natural Gas Residential Price. Source: Energy Information Administration. Track economic data …

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.

Working gas held in storage facilities in the United States decreased by 11 billion cubic feet in the week ending November 21 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.

View monthly updates and historical trends for US Liquefied Natural Gas Exports Price. from United States. Source: Energy Information Administration. Trac…

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.

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. 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.

United States - Natural Gas Consumption was 2760.60000 Bil. Cubic Feet in September of 2025, according to the United States Federal Reserve. Historically, United States - Natural Gas Consumption reached a record high of 2934.30000 in February of 2025 and a record low of 1568.60000 in January of 2006. 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 November of 2025.

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 November 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 September 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 2024 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 September 2025, showing a slight decrease that month. This trend is also reflected in overall lower crude oil price indices. 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 2024, down from **** U.S. dollars the previous year.

View monthly updates and historical trends for California Natural Gas Industrial Price. Source: Energy Information Administration. Track economic data wit…

U.S. Federal Oil & Gas Monthly Production & Disposition (2015–2025)

🌎 Project Overview

This dataset provides a comprehensive, cleaned, and analysis-ready record of the monthly production and disposition volumes of U.S. federal oil and natural gas resources from January 2015 through September 2025. Compiled from the authoritative OGOR-B reporting forms and curated by the U.S. Department of the Interior (DOI), Office of Natural Resources Revenue (ONRR), it reflects the official federal and Native American natural resource production data.

The dataset captures not only raw production volumes but also detailed disposition categories, which indicate how these resources are sold, measured, or allocated, making it a crucial resource for energy policy analysis, market forecasting, and sustainability research.

🌐 Context & Source Information

• Publisher: U.S. Department of the Interior – Office of Natural Resources Revenue (ONRR)
• Original Dataset: Monthly Production Disposition of U.S. Natural Resources Revenue (OGOR-B)
• Coverage: Federal lands, federal waters (Offshore regions: Alaska, Gulf of Mexico, Pacific), and Native American lands. Location data is intentionally withheld for Native American production to protect privacy and sovereignty.
• Temporal Scope: January 2015 – September 2025, monthly frequency.
• License: Creative Commons CCZero (CC0) – Public Domain. Anyone can use, modify, and distribute this data.
• Official Landing Page: ONRR Monthly Production Disposition Data

This dataset is a cornerstone for those researching U.S. energy economics, resource management, climate impact studies, and policy development.

📊 Data Dictionary

🛠️ Data Cleaning & Preprocessing

To ensure the dataset is analysis-ready, the following preprocessing steps were applied:

• Missing Value Handling:

  • State / County / FIPS Code: Missing values primarily correspond to offshore records and were logically filled with the label Offshore.
  • Offshore Region: Missing values indicate onshore records and were filled with the label Onshore.

• Data Standardization:

  • Standardized date formats for seamless time-series analysis.
  • Converted numerical volumes from string with commas to clean numeric types.

• Quality Assurance:

  • Verified consistency of commodity labels and disposition codes.
  • Confirmed monthly frequency across the 10-year time span.

These enhancements enable immediate use in machine learning pipelines, econometric models, and visual analytics without additional preprocessing.

🚀 Potential Use Cases

📊 Energy Economics & Market Forecasting

• Model long-term trends in U.S. oil and natural gas production.
• Correlate production with market prices or global economic indicators.
• Forecast supply-demand dynamics using ARIMA, Prophet, or LSTM models.

🌍 Environmental & Policy Research

• Quantify the environmental impact of onshore versus offshore production.
• Assess how federal production contributes to greenhouse gas emissions when combined with emissions datasets.
• Evaluate the effectiveness of U.S. energy policies and their evolution over a decade.

📈 Financial & Business Intelligence

• Integrate production volumes into energy sector investment models.
• Build revenue projections and budget impact analyses for federal and tribal authorities.
• Use disp...

Snapshot img

The gas sensors market share in North America is expected to increase by USD 173.76 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.38%.

This gas sensors market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers gas sensors market in North America segmentations by type (wired and wireless) and geography (US, Canada, and Mexico). The gas sensors market in North America report also offers information on several market vendors, including Control Instruments Corp., DOD Technologies Inc., Dragerwerk AG and Co. KGaA, Edinburgh Instruments Ltd., Figaro Engineering Inc., Gas-Sensing.com, Mettler Toledo International Inc., SIARGO Ltd., SPEC Sensors, LLC, and Zhengzhou Winsen Electronics Technology Co Ltd. among others.

What will the Gas Sensors Market Size in North America be During the Forecast Period?

Download the Free Report Sample to Unlock the Gas Sensors Market Size in North America for the Forecast Period and Other Important Statistics

Gas Sensors Market in North America: Key Drivers, Trends, and Challenges

The increase in LNG trade is notably driving the gas sensors market growth in North America, although factors such as price volatility in the oil and gas industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the gas sensors industry in North America. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Gas Sensors Market Driver in North America

The increase in LNG trade is one of the key drivers supporting the gas sensors market growth in North America. In 2021, the US was the largest producer of natural gas globally. Natural gas supplies about one-third of the US primary energy consumption, with its primary uses being heating and generating electricity. While the majority of it is delivered in its gaseous form via pipeline in the US, the growth in the international market for natural gas has led to the use of it in a liquefied form, or LNG. For instance, according to the US Energy Information Administration (EIA), natural gas marketed production will increase to an average of 104.4 billion cubic feet per day (Bcf/d) in 2022 and then further increase to a record-high of 106.6 Bcf/d in 2023. Thus, rising LNG production and use in the region would further bolster the demand for gas sensors in North America during the forecast period.

Key Gas Sensors Market Trend in North America

Increasing adoption of IoT products is one of the key gas sensors market trends in North America that is contributing to the market growth. Sensors used in the gas industry are IoT enabled, which provide a high level of accuracy, reliability, and flexibility for a variety of applications in the industry, which further includes remote monitoring, condition monitoring, and analysis. Furthermore, gas sensors are primarily used to measure the pressure, level, flow, and temperature of the gas. Meanwhile, governments across the region are approving rules to encourage the adoption of IoT technology to increase efficiency, downtime, and operational costs. According to Oxford Economics, the use of IoT in the gas industry could boost the global GDP by $816 billion between 2018 and 2028. As a result, it will further drive the adoption of gas sensors in North America during the forecast period.

Key Gas Sensors Market Challenge in North America

Price volatility in the oil and gas industry is one of the factors hindering the gas sensors market growth in North America. The oil and gas industry is a major consumer of gas sensors. The need for continuous monitoring of high-value assets throughout the upstream, midstream, and downstream industries makes the oil and gas industry highly dependable on sensors. Therefore, the slowdown in the oil and gas industry due to price volatility can adversely affect the growth of the market. For instance, crude oil prices have fallen significantly since the beginning of 2020, which was attributed to the economic contraction caused by the COVID-19 and, in a span of a month, a sudden increase in crude oil supply following the suspension of agreed production cuts among the Organization of the Petroleum Exporting Countries (OPEC) and partner countries. Moreover, with the declined demand and increasing supply, daily price changes for the US crude oil have become extremely volatile. Such factors are limiting the market growth.

This gas sensors market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges w

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

During the past decade, the worldwide demand for energy has continued toincrease at a rapid rate. Natural gas has emerged as a primary source of US energy. Thetechnically recoverable natural gas resources in the United States have increased fromapproximately 1,400 trillion cubic feet (Tcf) to approximately 2,100 trillion cubic feet(Tcf) in 2010. The recent declines in gas prices have created short-term uncertainties andincreased the risk of developing natural gas fields, rendering a substantial portion of thisresource uneconomical at current gas prices.

Discover the latest insights into Egypt's Oil & Gas market, projected to reach $9.42 billion by 2033. Analyze market size, growth, key players (BP, Shell, ExxonMobil), and regional trends impacting this dynamic sector. Learn about growth drivers, restraints, and future forecasts for this lucrative market. Recent developments include: June 2023: United Oil and Gas Company (UOG) reported the discovery of a total of 12.5 meters of net oil pay during testing of the ASD-3 development well in the Abu Sennan license onshore Egypt. This included 3 meters of net pay in the Abu Roash C reservoir (AR-C) and 9.5 meters of net pay in the Abu Roash E (AR-E) reservoir across the primary Abu Roash reservoir., May 2023: Dana Gas, a UAE-based energy firm, unveiled its plans to commence drilling 11 new wells in Egypt by the year-end. The projected outcome of these wells is an addition of up to 80 bcf (billion cubic feet) of reserves and production. Dana Gas has earmarked approximately USD 100 million for these drilling activities. Notably, the company holds four concessions in Egypt and is actively pursuing its consolidation into a single concession. This initiative is currently pending approval by the House of Representatives.. Key drivers for this market are: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Potential restraints include: 4., Increasing Investment in Oil and Gas Sector4.; Supportive Government Policies. Notable trends are: Upstream Sector is Expected to be the Fastest Growing Sector.