Natural gas U.S. prices averaged USD 2.96 per MMBtu in September, up 6.9% from August. On 30 September, the commodity traded at USD 3.01 per MMBtu, up 2.7% from 31 August.
After declining for two months, U.S. natural gas prices increased in September. American exports of liquefied natural gas (LNG) rose from the prior month as European demand strengthened, helping push down U.S. natural gas stockpiles to 2.4% above the five-year seasonal average at the end of the month from 5.2% in late August. This factor more than offset a likely seasonal decline in domestic consumption as air conditioner use tailed off, as well as record-high domestic production.
This chart displays Natural Gas U.S. (US$/MMBtu) from 2024 to 2026.
U.S. Henry Hub Natural Gas (prices in US$/MMBtu, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. Henry Hub Natural Gas | - | - | - | - | - | - | - | 3.00 | 3.87 | 3.51 | 3.08 | 4.05 |