UK Gas decreased 26.27 GBp/Thm or 20.95% since the beginning of 2025, 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 March of 2025.

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 Los Angeles, utilities, energy, urban, CA, retail, price, and USA.

The average gas price in Great Britain in January 2025 was 123.02 British pence per therm. This was 50 pence higher 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 were exceptionally high in 2021-2022 due to an energy supply shortage as a result of lower pipeline supplies from Norway and Russia, as well as reduced LNG imports owing to greater purchases by customers in Asia. 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. This led to multiple suppliers announcing bankruptcy, while an upped price cap threatened 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.

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

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 100.9 British pence per therm on March 17, 2025, for contracts with delivery in April. A month prior, prices had reached a 2-year-high amid colder weather and storage concerns. 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 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 40.7 billion cubic meters in 2023. This was followed by the power sector, which consumed about 15 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.

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.

The average monthly price for natural gas in the United States amounted to 3.02 nominal U.S. dollars per million British thermal units (Btu) in December 2024. By contrast, natural gas prices in Europe were about four times higher than those in the U.S. Prices for 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 70 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 60 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 one trillion cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, 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 March of 2025.

United States Consumer Price: Average: Utility (Piped) Gas, 100 Therms data was reported at 103.617 USD in Jun 2013. This records an increase from the previous number of 103.461 USD for May 2013. United States Consumer Price: Average: Utility (Piped) Gas, 100 Therms data is updated monthly, averaging 64.774 USD from Nov 1978 (Median) to Jun 2013, with 415 observations. The data reached an all-time high of 169.907 USD in Jul 2008 and a record low of 27.667 USD in Nov 1978. United States Consumer Price: Average: Utility (Piped) Gas, 100 Therms data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.

The price of gas in the United Kingdom was 106 British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to 131 pence in the second quarter of 2025 before gradually falling to just under 80 pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's recent cost of living crisis in 2022, approximately 91 percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of 11.1 percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching 26.6 percent, and food prices increasing by 18.2 percent at the height of the crisis. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

TTF Gas decreased 8.92 EUR/MWh or 17.69% since the beginning of 2025, 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 March of 2025.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C72620) from Nov 1978 to Dec 2024 about Atlanta, utilities, energy, GA, urban, retail, price, and USA.

United Kingdom BOE Forecast: Gas Prices data was reported at 60.000 0.01 GBP/Therm in 2021. This records a decrease from the previous number of 61.000 0.01 GBP/Therm for 2020. United Kingdom BOE Forecast: Gas Prices data is updated yearly, averaging 56.500 0.01 GBP/Therm from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 71.000 0.01 GBP/Therm in 2018 and a record low of 37.000 0.01 GBP/Therm in 2015. United Kingdom BOE Forecast: Gas Prices data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.P009: Crude Oil and Gas Prices: Forecast.

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.

United States Consumer Price: Average: NE: Utility (Piped) Gas, 40 Therms data was reported at 57.767 USD in Jun 2013. This records a decrease from the previous number of 58.626 USD for May 2013. United States Consumer Price: Average: NE: Utility (Piped) Gas, 40 Therms data is updated monthly, averaging 38.886 USD from Nov 1978 (Median) to Jun 2013, with 415 observations. The data reached an all-time high of 83.505 USD in Jul 2008 and a record low of 18.263 USD in Nov 1978. United States Consumer Price: Average: NE: Utility (Piped) Gas, 40 Therms data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.P001: Consumer Price.

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

Gasoline prices averaged $3.411 per gallon in the Washington-Arlington-Alexandria area in February 2024,area gasoline prices decreased 1.9 percent from last February when they averaged $3.477 per gallon. Washington area households paid an average of 15.6 cents per kilowatt hour (kWh) of electricity in February 2024, 2.6 percent higher than the 15.2 cents in February 2023. The average price of utility (piped) gas at $1.432 per therm in February 2024 was down 21.8 percent from $1.831 per therm a year earlier.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in the Midwest Census Region - Urban (APU020072620) from Nov 1978 to Feb 2025 about utilities, energy, retail, price, and USA.

United States Consumer Price: Average: Utility (Piped) Gas data was reported at 1.023 USD/Therm in Oct 2018. This records a decrease from the previous number of 1.030 USD/Therm for Sep 2018. United States Consumer Price: Average: Utility (Piped) Gas data is updated monthly, averaging 0.688 USD/Therm from Nov 1978 (Median) to Oct 2018, with 479 observations. The data reached an all-time high of 1.703 USD/Therm in Jul 2008 and a record low of 0.304 USD/Therm in Nov 1978. United States Consumer Price: Average: Utility (Piped) Gas data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.

Graph and download economic data for Average Price: Utility (Piped) Gas per Therm in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA) (APUS12B72620) from Nov 1978 to Dec 2024 about DE, Philadelphia, utilities, NJ, MD, energy, PA, urban, retail, price, and USA.