The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

About the ProjectKAPSARC is analyzing the shifting dynamics of the global gas markets. Global gas markets have turned upside down during the past five years: North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.Key PointsIn the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded. Prices at benchmark points such as the U.K. National Balancing Point (NBP), U.S. Henry Hub (HH) and Japan/Korea Marker (JKM) slumped due to lower oil prices, liquefied natural gas (LNG) oversupply and unseasonal weather. Yet, the prices of natural gas in local currencies have increased in a number of developing countries in Africa, the Middle East, Latin America, former Soviet Union (FSU) and Asia. North America experienced demand growth while gas in Europe and Asia faced rising competition from cheaper coal, renewables and, in some instances, nuclear. Gains to European demand were mostly weather related while increases in Africa and Latin America were not significant. For LNG, Europe became the market of last resort as Asian consumption declined. Moreover, an anticipated surge in LNG supply, brought on by several new projects, may lead to a confrontation with Russian or other pipeline gas suppliers to Europe. At the same time, Asian buyers are seeking concessions on pricing and flexibility in their long-term contracts. Looking ahead, natural gas has to prove itself a credible and affordable alternative to coal, notably in Asia, if the world is to reach its climate change targets. The future of the gas industry will also depend on oil prices, evolution of Chinese energy demand and impact of COP21 on national energy policies. Current low prices mean there is likely to be a pause in final investment decisions (FIDs) on LNG projects in the coming years.

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Italy did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.1 euro cents per kWh. Over the observed period, the electricity prices have been subject to fluctuation.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Italy with key insights such as natural gas prices for household end users incl. tax.

The electricity prices for household end users (including taxes, levies, and VAT) in Slovenia increased by 0.01 euro cents per kWh (+16.67 percent) in the first half of 2022. Therefore, the electricity prices in Slovenia reached a peak in the first half of 2022 with 0.07 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Slovenia with key insights such as natural gas prices for household end users incl. tax.

This is a version of the gas prices dataset used in the following paper:Data Polygamy: The Many-Many Relationships among Urban Spatio-Temporal Data Sets, F. Chirigati, H. Doraiswamy, T. Damoulas, and J. Freire. In Proceedings of the 2016 ACM SIGMOD International Conference on Management of Data (SIGMOD), 2016The dataset includes records of the average gasoline price in dollars per gallon for New York, from 2000 to 2014. The original data is available at the U.S. Energy Information Administration website: https://www.eia.gov/petroleum/gasdiesel/xls/pswrgvwall.xls

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Germany increased by 0.01 euro cents per kWh (+14.29 percent) in the second half of 2021. With 0.08 euro cents per kWh, the electricity prices thereby reached their highest value in the observed period.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Germany with key insights such as natural gas prices for household end users incl. tax.

Natural Gas Price: TP: HH: 55000 kWh and Above data was reported at 212.480 SEK/kWh in Dec 2024. This records a decrease from the previous number of 314.720 SEK/kWh for Jun 2024. Natural Gas Price: TP: HH: 55000 kWh and Above data is updated semiannually, averaging 124.640 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 314.720 SEK/kWh in Jun 2024 and a record low of 91.940 SEK/kWh in Dec 2014. Natural Gas Price: TP: HH: 55000 kWh and Above data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P005: Natural Gas Price.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2013, 2014 and 2015, including values adjusted to the fiscal years 2013-14, 2014-15 and 2015-16

Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Latvia increased by 0.01 euro cents per kWh (+25 percent) in the second half of 2021. With 0.05 euro cents per kWh, the electricity prices thereby reached their highest value in the observed period.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Latvia with key insights such as natural gas prices for household end users incl. tax.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2013, 2014 and 2015, including values adjusted to the fiscal years 2013-14, 2014-15 and 2015-16

United States Natural Gas Imports: Average Price: LNG: Trinidad data was reported at 4.330 USD/1000 Cub ft in Apr 2018. This records a decrease from the previous number of 6.080 USD/1000 Cub ft for Mar 2018. United States Natural Gas Imports: Average Price: LNG: Trinidad data is updated monthly, averaging 5.000 USD/1000 Cub ft from May 1999 (Median) to Apr 2018, with 225 observations. The data reached an all-time high of 17.340 USD/1000 Cub ft in Apr 2014 and a record low of 1.880 USD/1000 Cub ft in May 1999. United States Natural Gas Imports: Average Price: LNG: Trinidad data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P007: Natural Gas Price.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-08-25 about gas, commodities, and USA.

The electricity prices for household end users (including taxes, levies, and VAT) in the European Union increased by 0.01 euro cents per kWh (+12.5 percent) in the first half of 2022. Therefore, the electricity prices in the European Union reached a peak in the first half of 2022 with 0.09 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about the European Union with key insights such as natural gas prices for household end users incl. tax.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2013, 2014 and 2015, including values adjusted to the fiscal years 2013-14, 2014-15 and 2015-16

Context

The Global dataset of oil and natural gas production, prices, exports, and net exports.

Content

Oil production and prices data are for 1932-2014 (2014 data are incomplete); gas production and prices are for 1955-2014; export and net export data are for 1986-2013. Country codes have been modified from earlier versions to conform to Correlates of War (COW) and Quality of Government (QOG) standards

Acknowledgements

Ross, Michael; Mahdavi, Paasha, 2015, "Oil and Gas Data, 1932-2014", doi:10.7910/DVN/ZTPW0Y, Harvard Dataverse

Inspiration

How has the price varied from 1900s to 2000s?

Natural Gas Price: TP: HH: Between 5500-54999 kWh data was reported at 217.190 SEK/kWh in Dec 2024. This records an increase from the previous number of 200.450 SEK/kWh for Jun 2024. Natural Gas Price: TP: HH: Between 5500-54999 kWh data is updated semiannually, averaging 126.700 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 296.480 SEK/kWh in Dec 2022 and a record low of 105.000 SEK/kWh in Jun 2016. Natural Gas Price: TP: HH: Between 5500-54999 kWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P005: Natural Gas Price.

Natural Gas Price: Total Price Including Tax (TP): Non-Household Consumers (NH): Less Than 300 MWh data was reported at 184.810 SEK/kWh in Dec 2024. This records a decrease from the previous number of 191.300 SEK/kWh for Jun 2024. Natural Gas Price: Total Price Including Tax (TP): Non-Household Consumers (NH): Less Than 300 MWh data is updated semiannually, averaging 84.090 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 241.230 SEK/kWh in Dec 2022 and a record low of 75.720 SEK/kWh in Jun 2016. Natural Gas Price: Total Price Including Tax (TP): Non-Household Consumers (NH): Less Than 300 MWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P005: Natural Gas Price.

Graph and download economic data for Natural Gas Price: Henry Hub, LA (DISCONTINUED) (GASPRICE) from Nov 1993 to Feb 2014 about henry hub, gas, commodities, price, and USA.

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Turkey did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.02 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Turkey with key insights such as natural gas prices for household end users incl. tax.