Henry Hub natural gas spot price
Henry Hub (Louisiana) is the key North American natural-gas trading point; its price is the U.S. gas benchmark. It feeds directly into power generation, heating, industry, and LNG export costs.
Key points
- The U.S. natural-gas price benchmark (Henry Hub, Louisiana)
- Feeds power, heating, industry, and LNG export costs
- Swings with weather, storage, production, LNG exports
- A guide to electricity costs
How to read it
Read in $/MMBtu. Swings widely with weather (heating/cooling demand), storage, production, and LNG exports — highly seasonal and volatile. A guide to gas-fired power costs and LNG export economics.
Trend
Year by year
Prices (USD per million BTU) from Jul 30, 2021 to Sep 25, 2026, grouped by calendar year.
| Year | Average | Year-end | High | Low |
|---|---|---|---|---|
| 2026 (months 1–9) | $3.55 | $3.02 | $13.80 | $2.62 |
| 2025 | $3.52 | $3.45 | $5.90 | $2.80 |
| 2024 | $2.19 | $2.94 | $5.11 | $1.40 |
| 2023 | $2.54 | $2.56 | $3.65 | $1.93 |
| 2022 | $6.44 | $4.06 | $9.56 | $3.80 |
| 2021 (months 7–12) | $4.66 | $3.57 | $5.87 | $3.57 |
Recent trend （Unit：USD per million BTU）
- 2026-09-253.02
- 2026-09-182.94
- 2026-09-112.79
- 2026-09-042.91
- 2026-08-282.81
- 2026-08-212.86
- 2026-08-142.79
- 2026-08-072.66
- 2026-07-312.62
- 2026-07-242.86
- 2026-07-172.79
- 2026-07-103.09
FAQ
Henry Hub natural gas spot price: what is the latest price?
What is MMBtu?
Why so volatile?
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- EIA (official data page)
- Source：U.S. EIA
Source: U.S. Energy Information Administration (EIA). This site is not endorsed or certified by the EIA and does not use the EIA logo.