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.

View weekly updates and historical trends for Natural Gas Storage Change. from United States. Source: Energy Information Administration. Track economic da…

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.

The Natural Gas Storage Market Report is Segmented by Storage Type (Underground – Depleted Reservoirs, Underground – Salt Caverns, Above-Ground – LNG Tanks, and More), Mode of Service (Base-Load Storage, Peak-Shaving Storage, and Seasonal Balancing Storage), End-User (Gas Utilities, Independent Storage Operators, Power Generators, and More), and Geography (North America, Europe, Asia-Pacific, South America, and More).

The size of the North America 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% during the forecast period. Recent developments include: In July 2022, Sempra Infrastructure signed an agreement with Mexico's Federal Electricity Commission to advance the joint development of critical energy infrastructure projects in Mexico, including the rerouting of the Guaymas-El Oro pipeline in Sonora, the proposed Vista Pacífico LNG project in Topolobampo, Sinaloa, and the potential development of a liquefied natural gas (LNG) terminal in Salina Cruz, Oaxaca.. 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.

According to Cognitive Market Research, the global Natural Gas Storage market size was USD 9.8 billion in 2024 and will expand at the compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Market Dynamics of Natural Gas Storage Market

Key Drivers for Natural Gas Storage Market

Market Flexibility and Price Stability - Natural gas storage facilities enable market participants to optimize supply chain logistics and hedge against price volatility. Storage helps mitigate price spikes during peak demand periods by releasing stored gas into the market, thereby stabilizing prices. Additionally, it provides flexibility for gas traders, utilities, and industrial consumers to buy and sell gas based on market conditions and pricing trends. This ability to respond swiftly to market dynamics enhances overall market efficiency and supports economic growth by ensuring reliable and affordable energy supplies.
The energy security and resilience are anticipated to drive the Natural Gas Storage market's expansion in the years ahead.

Key Restraints for Natural Gas Storage Market

The insufficient storage facilities and infrastructure can constrain the capacity and efficiency of natural gas storage, limiting the Natural Gas Storage industry growth.
The market also faces significant difficulties related to regulatory challenges.

Introduction of the Natural Gas Storage Market

The Natural Gas Storage Market plays a critical role in ensuring energy security and stability by providing flexibility in supply and demand dynamics. It encompasses facilities and technologies designed to store natural gas throughout the period of low demand and release it during peak consumption times, thereby balancing fluctuations in supply and maintaining grid reliability. Key storage methods include underground reservoirs, depleted gas fields, and liquefied natural gas (LNG) facilities, each offering unique advantages in terms of capacity, cost-effectiveness, and operational flexibility; driven by increasing global energy consumption and the transition towards cleaner fuels, the market for natural gas storage continues to evolve. However, challenges such as infrastructure limitations, regulatory complexities, and environmental considerations pose significant hurdles to market growth. Despite these challenges, technological advancements in storage techniques and strategic investments in infrastructure are expected to bolster market expansion, supporting the resilience and efficiency of natural gas supply chains worldwide.

UK Gas fell to 72.60 GBp/thm on December 2, 2025, down 1.67% from the previous day. Over the past month, UK Gas's price has fallen 11.75%, and is down 40.33% compared to the same time last year, 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 December of 2025.

The size of the Asia-Pacific Natural Gas Market was valued at USD 14940 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 4.00">> 4.00% during the forecast period. Recent developments include: July 2022: The Indian government announced that it had set a target to raise the share of natural gas in the energy mix to 15% by 2030 from the current 6.3%. According to the data demonstrated by the Ministry of Petroleum & Natural Gas, 95.21 lakh PNG (Domestic) connections have been provided, and the authorized entities have established 4531 CNG (Transport) stations as of 31 May 2022., May 2022: The China National Offshore Oil Company (CNOOC) awarded CNY 16 billion (USD2.42 billion) contracts for building 12 liquefied natural gas tankers. The 12 vessels will be constructed by Hudong Zhonghua Shipbuilding Co., a China State Shipbuilding Corporation (CSSC). Each tanker can carry about 174,000 cubic meters of LNG, equivalent to 108 million cubic meters when re-gasified. The vessels are slated for commissioning between 2024 and 2027., January 2022: GAIL (India) Ltd commenced India's first-of-its-kind project of mixing hydrogen into the natural gas system in Indore, Madhya Pradesh. The hydrogen blended natural gas will be supplied to Avantika Gas Ltd, one of GAIL's joint ventures with HPCL, to retail CNG to automobiles and piped natural gas to households in Indore.. Key drivers for this market are: 4., Increasing Electricity Demand4.; Rsing Investments in the Coal Industry. Potential restraints include: 4., Increasing Installation of Renewable Energy Sources. Notable trends are: Increasing Investments in Natural Gas Production to Drive the Market.

Natural gas distributors have benefited mainly from the enormous outburst of natural gas availability in the United States since the early 2000s because of the growing prevalence of advanced drilling techniques employed by upstream producers in the Oil Drilling and Gas Extraction industry. Natural gas is used to generate electricity, produce useful thermal output and as an industrial feedstock. Many end users, mainly electric power plants, have been pressed to transition to using this energy source at the expense of others because of its increased affordability and comparatively lower environmental impact. Despite the rising popularity of renewable energy like wind and solar, natural gas already has years of historical infrastructure built, making the supply chain much easier to navigate, leading the country to rely on it for most of its energy needs. Revenue is set to swell at a CAGR of 6.9% through the end of 2025 to $222.5 billion, including a 27.4% uptick in 2025, as gas prices will rebound. Despite revenue growing swiftly as the need for gas overwhelmingly expanded during the current period, distributors have also endured wild swings in revenue because of highly volatile market conditions. For example, the price of natural gas fell in 2020 amid shutdowns as excess supply was built. Prices then spiked in 2021 and 2022 before falling again in 2023 as the industry stabilized following economic turmoil. Despite all this, the residential sector has been a saving grace, as prices have continued to climb yearly despite outside factors. While profit has remained volatile it has also pushed up, but fell from its peak in 2022. Natural gas production will climb marginally, while infrastructure investments will boost pipeline and export capacity. Because of global tensions, exports are set to strengthen as European countries rely on natural gas liquid, leading to more distribution activity. Even so, domestic consumption may see some constrained amid warmer weathers and slow shifts to renewable energy. Prices are also set to remain stagnant, which may prevent significant revenue spikes. Overall, revenue is set to climb at a CAGR of 0.3% through the end of 2030 to $226.5 billion.

TTF Gas fell to 27.92 EUR/MWh on December 3, 2025, down 0.17% from the previous day. Over the past month, TTF Gas's price has fallen 14.22%, and is down 40.94% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas - values, historical data, forecasts and news - updated on December of 2025.

The India Natural Gas Market Report is Segment by Type (Compressed Natural Gas, Piped Natural Gas, and Liquefied Natural Gas ), Source (Domestic Production – Onshore, Domestic Production – Offshore, and LNG Imports), and End-Use Sector (Fertilizer Production, City Gas Distribution, Transportation, Petrochemical Feedstock, and Others). The Market Sizes and Forecasts are Provided in Terms of Volume (MMSCM).

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Underground Gas Storage Market Size 2024-2028

The underground gas storage market size is valued to increase by USD 10.2 billion, at a CAGR of 5.34% from 2023 to 2028. Growing energy demand will drive the underground gas storage market.

Market Insights

Europe dominated the market and accounted for a 42% growth during the 2024-2028.
By Type - Depleted fields segment was valued at USD 23.24 billion in 2022
By Product - Natural gas segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 48.92 million 
Market Future Opportunities 2023: USD 10200.90 million
CAGR from 2023 to 2028 : 5.34%

Market Summary

The Underground Gas Storage (UGS) market is a critical component of the global energy sector, driven by the increasing demand for cleaner and more efficient energy solutions. UGS offers several advantages, including reduced carbon emissions, improved energy security, and enhanced grid stability. The market's growth is underpinned by advancements in drilling techniques, seismic imaging, and reservoir management technologies, which enable the efficient extraction and storage of natural gas. Despite these opportunities, the UGS market faces challenges associated with the construction of underground storage facilities. These facilities require significant investment and complex engineering solutions to ensure safety and operational efficiency. For instance, a utility company may seek to optimize its supply chain by investing in UGS to meet peak demand during winter months. By storing excess gas during periods of low demand, the company can reduce its reliance on expensive and less efficient peaking power plants. However, constructing an underground storage facility involves navigating regulatory requirements, environmental concerns, and public opposition, among other challenges. In summary, the market is a dynamic and evolving sector that offers significant benefits to the global energy landscape. With advancements in technology and growing energy demand, the market is poised for continued growth. However, the construction of underground storage facilities presents unique challenges that must be addressed to ensure their safe and efficient operation.

What will be the size of the Underground Gas Storage Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe Underground Gas Storage (UGS) market represents a dynamic and evolving sector, with ongoing advancements shaping its landscape. UGS systems offer essential services, including capacity expansion, pressure monitoring, emergency response drills, and operational efficiency improvements. These systems are subject to stringent regulatory compliance measures, ensuring safety and environmental protection. One significant trend in the UGS market is the increasing adoption of remote monitoring systems for reservoir management, gas flow modeling, and pipeline integrity. These systems enable real-time data acquisition and analysis, enhancing operational efficiency and risk mitigation strategies. For instance, companies have reported a 25% increase in capacity utilization due to the implementation of advanced monitoring technologies. UGS operators must also prioritize safety protocols, such as safety training, wellhead protection, and corrosion control methods, to ensure the safe and efficient operation of their facilities. Additionally, environmental monitoring and compliance with gas quality standards are crucial aspects of UGS operations. In conclusion, the market is a critical sector, continuously adapting to technological advancements and regulatory requirements. Companies must remain vigilant in their efforts to optimize operational efficiency, ensure safety, and comply with environmental regulations. The integration of remote monitoring systems and advanced data acquisition technologies is a key trend driving growth and innovation in the UGS market.

Unpacking the Underground Gas Storage Market Landscape

The underground natural gas storage market encompasses the design, construction, and management of facilities for storing and withdrawing natural gas from porous and permeable formations. This market employs various techniques, including gas injection methods, corrosion monitoring, wellbore stability analysis, and gas composition analysis, to ensure efficient and safe storage. Energy efficiency improvements have been a significant focus, with some facilities achieving up to 25% reduction in energy consumption through optimized reservoir pressure management and pressure maintenance strategies. Leak detection technology and gas quality control are essential components of safety management systems, ensuring regulatory compliance and maintaining well integrity. Capacity expansion projects and infrastructure upgrades are common, with storage optimization

U.S. underground natural gas storage fields as of December 2020. Includes both active and inactive fields. Sources: EIA-191, Monthly Underground Gas Storage Report to improve accuracy of locations other sources were used including Homeland Infrastructure Foundation-Level Data (HIFLD), EPA Facility Registry Service (FRS), National Pipeline Mapping System Public Viewer, company websites and satellite imagery.The data has been clipped to the State of Kansas by the Kansas Geological Survey. This layer is intended for general reference. To access the most up-to-date data, access the Monthly Underground Gas Storage Report.

The Code of Federal Regulations (49 CFR Parts 191, 195) requires operators of Gas Distribution, Gas Gathering, Gas Transmission, Hazardous Liquids, Liquefied Natural Gas (LNG), and Underground Natural Gas Storage (UNGS) to submit annual reports to PHMSA. Annual reports include information such as total pipeline mileage, facilities, commodities transported, miles by material, and installation dates. These annual reports are widely used by safety researchers, government agencies, industry professionals, and by PHMSA personnel for inspection planning.

View weekly updates and historical trends for US Natural Gas Rig Count. from United States. Source: Baker Hughes. Track economic data with YCharts analyti…

Key information about United States Natural Gas: Consumption

• United States Natural Gas: Consumption was reported at 87.052 Cub ft/Day bn in Dec 2024
• This records an increase from the previous number of 85.959 Cub ft/Day bn for Dec 2023
• US Natural Gas: Consumption data is updated yearly, averaging 55.450 Cub ft/Day bn from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 87.052 Cub ft/Day bn in 2024 and a record low of 40.241 Cub ft/Day bn in 1965
• US Natural Gas: Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.NS: Natural Gas: Consumption

A. SUMMARY The Municipal Natural Gas Equipment Inventory serves to catalog natural gas-fueled equipment used in municipally owned buildings. This inventory, implemented by the SF Environment Department, aims to establish an understanding of the scope of work needed to electrify municipal buildings and inform an effective and collaborative planning process. This effort was identified as an action in Section BO-2.4 of the 2021 Climate Action Plan and is included in the Environment Code Chapter 7 (Municipal Green Building Requirements). B. HOW THE DATASET IS CREATED The list of buildings required to report data for the Municipal Natural Gas Equipment Inventory was compiled by cross-referencing the City’s Facility Systems of Record and the 2020 municipal benchmarking report to identify all city-owned buildings with non-zero carbon emissions. Numerous municipal buildings are exempt from these reporting requirements, including facilities of the Port of San Francisco and buildings with a primary purpose of providing collection, storage, treatment, delivery, distribution, and/or transmission of water, wastewater, and/or power utilities. Each department received an inventory template, provided by the Environment Department, to submit high level building data and detailed information on each piece of natural gas equipment in use in these buildings. Departments were asked to self-report the required building and equipment data over the course of a 6-month data collection period in 2023 and are asked to keep this inventory up to date in the following years as equipment is replaced. C. UPDATE PROCESS The inventory will be regularly updated by department representatives via the inventory PowerApp. When a gas-powered equipment item is retired or replaced, departments are asked to mark it as no longer in use and provide information on any electric replacement equipment, if applicable. While departments have the flexibility to update the inventory at any time, they are encouraged to do so at 6 month intervals at the minimum. Updated inventory data will be automatically reflected in this dataset. D. HOW TO USE THIS DATASET It is important to note that this dataset does not include facilities of the Port of San Francisco and buildings with a primary purpose of providing collection, storage, treatment, delivery, distribution, and/or transmission of water, wastewater, and/or power utilities, in accordance with Environment Code Chapter 7 exemptions.

The California Natural Gas Consumption dashboard illustrates the state’s historical natural gas consumption by agency, sector, and county level. Data is sourced from Quarterly Fuel and Energy Reports (QFER) California Energy Commission (CEC) Form 1308B, which provides monthly information about the volume and cost of natural gas to categories of end users and provides a list of gas retailers selling gas in California. Natural gas consumption data and information is further used in analyzing natural gas demand for local planning, informs California’s Energy Demand Forecast, and contributes to the Commission’s Integrated Energy Policy Report. Natural gas consumption data is collected quarterly under the authority of the California Code of Regulations, Title 20, Section 1308(b).

Annual statewide natural gas consumption is available to explore by sector, agency, and county. Each sector consists of several categories determined by the North American Industry Classification System (NAICS). Some forecast models, such as agriculture, water pumping, commercial building, “transportation, communications, & utilities” (TCU), industrial, and mining-are based on sector-level data subdivided by NAICS categories. NAICS categories consist of census defined NAICS subsectors and Energy Commission defined category codes. Data featured in this dashboard was previously made available via the California Energy Consumption Database Management (ECDMS).

Data last updated: September 5, 2025

The United States consumes 4.2 trillion kilowatt-hours of electricity and over half of that power is produced by the coal and natural gas power plants. Coal-based power has historically been the leading source of electricity in the United States. The outburst of natural gas availability and the implementation of burdensome environmental regulations have caused the industry to undergo a major structural transformation. Industry revenue is set to swell at a CAGR of 2.1% to $105.2 billion through 2025, including a 1.8% uptick in 2025 alone. Gas-fired power overtook coal-fired power as the nation's primary electricity generation method in 2016. Not only had natural gas prices become significantly more affordable than coal, but highly efficient and low emissions combined cycle combustion engines were also gaining national traction. Unregulated wholesale markets provided a competitive battleground where more efficient independent power producers could offer their electricity to consumers at more affordable costs while still earning higher profit than coal-fired plants. While electric power consumption will swell, up to one-fifth of coal-based energy will be retired by the end of 2030 as the United States aims to achieve a renewable future. Natural gas will be important in helping deliver affordable and clean power throughout our nation. Nonetheless, while renewable energy has made its mark through 2025, it will be significantly slowed down through 2030 as the One Big Beautiful Bill Act will phase out tax credits for solar and wind power much earlier than expected. The Department of Energy will also provide $625.0 million in funding for coal power plants to improve their lifespan. While plants are set to retire, it is set to move at a much slower rate than previously anticipated. Nonetheless, the US Energy Information Administration expects both coal and natural gas output to push down through 2030, hindering growth. Overall, revenue is set to push down at a CAGR of 1.6% to $96.8 billion through 2030.

View monthly updates and historical trends for US Natural Gas Production (Dry). from United States. Source: Energy Information Administration. Track econo…