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Natural gas fell to 3.01 USD/MMBtu on July 31, 2025, down 1.25% from the previous day. Over the past month, Natural gas's price has fallen 11.95%, but it is still 52.78% 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.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 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 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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.
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TTF Gas rose to 35.31 EUR/MWh on July 31, 2025, up 0.84% from the previous day. Over the past month, TTF Gas's price has risen 4.18%, but it is still 4.49% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.
Average natural gas in the U.S. Henry Hub stood at 2.53 U.S. dollars per million British thermal unit in 2023, a decrease when compared to the previous year. Henry hub natural gas prices peaked in 2008 at 8.85 U.S. dollars per million British thermal unit.
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UK Gas rose to 85.76 GBp/thm on July 30, 2025, up 0.40% from the previous day. Over the past month, UK Gas's price has risen 7.99%, but it is still 1.41% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on July of 2025.
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Natural Gas: Average Residential Price: Nevada data was reported at 12.480 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 12.760 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Nevada data is updated monthly, averaging 10.295 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 27.380 USD/1000 Cub ft in Aug 2023 and a record low of 4.960 USD/1000 Cub ft in Jan 1993. Natural Gas: Average Residential Price: Nevada data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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In the fourth quarter of 2023, the price of liquefied natural gas in India reached 589 USD/MT by December. Similarly, in Germany, the liquefied natural gas prices hit 654 USD/MT during the same month in 2023.
Product
| Category | Region | Price |
---|---|---|---|
Liquefied Natural Gas | Others | India | 589 USD/MT |
Liquefied Natural Gas | Others | Germany | 654 USD/MT |
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Natural Gas: Average Residential Price: Alabama data was reported at 15.260 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 15.180 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Alabama data is updated monthly, averaging 14.680 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 27.400 USD/1000 Cub ft in Aug 2023 and a record low of 5.550 USD/1000 Cub ft in Mar 1989. Natural Gas: Average Residential Price: Alabama data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Natural Gas: Average Residential Price: Utah data was reported at 9.500 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 10.000 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Utah data is updated monthly, averaging 8.285 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.890 USD/1000 Cub ft in Aug 2023 and a record low of 3.790 USD/1000 Cub ft in Oct 1996. Natural Gas: Average Residential Price: Utah data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
The global natural gas price index stood at 200.29 index points in June 2025. Natural gas prices increased that month as cooling demand increased. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.
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.
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This table shows the average prices paid for natural gas and electricity. The total prices represent the sum of energy supply prices and network prices. The total price is the price paid by an end-user, for instance a household or an industrial company consuming energy in their production process. Natural gas used for non-energy purposes or for electricity generation is excluded from the data. The price cap set by the Dutch government for 2023 has now been incorporated into the prices. Data available from: 1st semester of 2009 Status of the figures: The figures in this table are provisional for the two most recent semesters, and the annual figures follow the status of the second semester of the relevant reporting year. The remaining figures are final. Changes as of March 28: Figures for the second half of 2024 have been added. When will new figures be published? New provisional figures will be published three months after the semesters end, at the end of September and at the end of March.
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Graph and download economic data for Global price of Natural Gas, US Henry Hub Gas (PNGASUSUSDQ) from Q1 1991 to Q1 2025 about henry hub, gas, World, and price.
Household prices for natural gas in the United States reached 15.2 nominal U.S. dollars per thousand cubic feet in 2023, representing the highest price during the period in consideration. This was due to the the extreme winter weather events and freeze-offs in the United States which resulted in a decline in natural gas production.
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Natural Gas: Average Residential Price: Oregon data was reported at 13.800 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 14.220 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Oregon data is updated monthly, averaging 11.095 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 23.040 USD/1000 Cub ft in Jul 2023 and a record low of 5.720 USD/1000 Cub ft in Feb 1996. Natural Gas: Average Residential Price: Oregon data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
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Natural Gas: Average Commercial Price: Missouri data was reported at 8.970 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 9.200 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Missouri data is updated monthly, averaging 9.000 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.700 USD/1000 Cub ft in Jul 2023 and a record low of 3.690 USD/1000 Cub ft in Jun 1999. Natural Gas: Average Commercial Price: Missouri data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.
In 2024, the global natural gas price index stood at 167.43 index points. This was down from a peak of 521.58 in 2022. Natural gas prices increased significantly in the latter half of 2021 and throughout much of 2022 owing to greater power demand combined with supply constraints. This trend was also reflected in the monthly natural gas price index.
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.
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Gasoline fell to 2.17 USD/Gal on July 31, 2025, down 1.86% from the previous day. Over the past month, Gasoline's price has risen 3.64%, but it is still 10.00% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.
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Natural gas fell to 3.01 USD/MMBtu on July 31, 2025, down 1.25% from the previous day. Over the past month, Natural gas's price has fallen 11.95%, but it is still 52.78% 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.