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

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 National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 78.76 British pence per therm on October 27, 2025, for contracts with delivery in November. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2024, the consumer price index for gas in the UK rose to 146.2 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 18.71 billion British pounds in 2024. This figure represents a 40 percent increase from 2021, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sectors remain the largest consumers of natural gas in the UK, using an estimated 42 billion cubic meters in 2024. This was followed by the power sector, which consumed about 13 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

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.

The average monthly price for natural gas in the United States amounted to *** nominal U.S. dollars per million British thermal units (Btu) in October 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 2024. 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.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A72620) from Nov 1978 to Dec 2024 about utilities, Los Angeles, energy, urban, CA, retail, price, and USA.

The average gas price in Great Britain in July 2025 was 79.28 British pence per therm. This was five pence lower than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A72620) from Nov 1978 to Dec 2024 about Dallas, utilities, energy, urban, TX, retail, price, and USA.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in St. Louis, MO-IL (CBSA) (APUS24B72620) from Nov 1978 to Nov 2024 about St. Louis, utilities, MO, energy, IL, urban, retail, price, and USA.

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

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Houston-The Woodlands-Sugar Land, TX (CBSA) (APUS37B72620) from Mar 1979 to Nov 2024 about Houston, utilities, energy, urban, TX, retail, price, and USA.

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

This dataset contains the information of 2010 Natural Gas consumption in therms and GJ (Gigajoule), by ZIP code, building type, and utility company.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Seattle-Tacoma-Bellevue WA (CBSA) (APUS49D72620) from Nov 1978 to Dec 2024 about Seattle, utilities, energy, WA, urban, retail, price, and USA.

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

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Minneapolis-St. Paul-Bloomington, MN-WI (CBSA) (APUS24A72620) from Nov 1978 to Dec 2024 about Minneapolis, utilities, MN, energy, WI, urban, retail, price, and USA.

Wholesale price for natural gas in the United Kingdom is projected to rise from 47 to 64 British pence per therm between 2020 and 2035, respectively. Figures are expected to remain at 64 British pence per therm in 2040.

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.

Monthly and long-term natural gas eu price data (US$/MMBtu): historical series and analyst forecasts curated by FocusEconomics.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in San Diego-Carlsbad, CA (CBSA) (APUS49E72620) from Nov 1978 to Dec 2024 about San Diego, utilities, energy, urban, CA, retail, price, and USA.