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.

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.

Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.

Natural Gas: Average Commercial Price: Florida data was reported at 12.830 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 11.470 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Commercial Price: Florida data is updated monthly, averaging 10.700 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 433 observations. The data reached an all-time high of 18.830 USD/1000 Cub ft in Nov 2005 and a record low of 4.430 USD/1000 Cub ft in May 1992. Natural Gas: Average Commercial Price: Florida 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.

Natural Gas: Average Residential Price: Hawaii data was reported at 47.790 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 46.610 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Hawaii data is updated monthly, averaging 33.680 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 65.600 USD/1000 Cub ft in Jun 2022 and a record low of 14.310 USD/1000 Cub ft in Feb 1989. Natural Gas: Average Residential Price: Hawaii 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.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in U.S. City Average (APU000072620) from Nov 1978 to May 2025 about utilities, energy, retail, price, and USA.

Access monthly energy price assessments for United States, featuring Natural Gas. Coverage includes 10-year price history, current values, short-term forecasts, and market trends. Updated on the 3rd business day of each month, the data offers insights on prices, supply, demand, production, and trade. Available via PDF reports, Excel Add-In, Power BI, and API. Free preview available.

Natural gas fell to 3.39 USD/MMBtu on July 1, 2025, down 2.01% from the previous day. Over the past month, Natural gas's price has fallen 8.32%, but it is still 39.08% 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.

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.

Graph and download economic data for Unit Labor Costs for Utilities: Natural Gas Distribution (NAICS 2212) in the United States (IPUCN2212U100000000) from 1987 to 2024 about distributive, unit labor cost, utilities, NAICS, gas, and USA.

Natural Gas: Average Residential Price: Illinois data was reported at 9.240 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 8.190 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Illinois data is updated monthly, averaging 8.600 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 31.770 USD/1000 Cub ft in Jul 2022 and a record low of 4.100 USD/1000 Cub ft in Nov 1995. Natural Gas: Average Residential Price: Illinois 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.

Natural Gas: Average Residential Price: North Carolina data was reported at 16.500 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 14.170 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Residential Price: North Carolina data is updated monthly, averaging 12.940 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 432 observations. The data reached an all-time high of 30.400 USD/1000 Cub ft in Jul 2022 and a record low of 5.540 USD/1000 Cub ft in Apr 1992. Natural Gas: Average Residential Price: North Carolina 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.

Natural Gas: Average Residential Price: Minnesota data was reported at 11.230 USD/1000 Cub ft in Jan 2025. This records an increase from the previous number of 10.630 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Residential Price: Minnesota data is updated monthly, averaging 8.360 USD/1000 Cub ft from Jan 1989 (Median) to Jan 2025, with 433 observations. The data reached an all-time high of 22.630 USD/1000 Cub ft in Aug 2022 and a record low of 3.970 USD/1000 Cub ft in Feb 1991. Natural Gas: Average Residential Price: Minnesota 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.

Texas is the largest natural gas consuming state in the U.S. In 2022, it had an annual gas consumption of 4.97 quadrillion British thermal units. Ranking second, California exhausted less than half that amount. Louisiana rounded out the top three of leading gas consuming states.

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.

Get the latest insights on price movement and trend analysis of Natural Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

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.

Statistics illustrates consumption, production, prices, and trade of Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas in El Salvador from 2007 to 2024.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Utility (Piped) Gas Service in U.S. City Average (CUSR0000SEHF02) from Jan 1952 to May 2025 about utilities, gas, urban, consumer, services, CPI, price index, indexes, price, and USA.

This dataset is about countries per year in the United States. It has 64 rows. It features 5 columns: alternative and nuclear energy, electricity production from natural gas sources, armed forces personnel, and birth rate.