Natural Gas Price (Henry Hub)
The spot price of natural gas at the Henry Hub in Erath, Louisiana — the delivery point for NYMEX gas futures and the benchmark for US gas. Daily, in dollars per million BTU, back to 1997. This is the true spot series: continuous futures charts are back-adjusted and their historical levels are not real prices.
Henry Hub spot ($/MMBtu)
- YoY %
- 3.4%
Next release: Oct 15, 2026
Latest reading
As of October 6, 2026, Natural Gas (Henry Hub spot ($/MMBtu)) stands at $3.03 — up from $2.96 the prior reading, 90% below the January 23, 2026 record of $30.72. The nominal record is $30.72 (January 23, 2026). In August 2026 dollars the February 25, 2003 peak was higher, at $33.63, so the latest reading ($3.03, October 6, 2026) is 91% below the inflation-adjusted record. Gas prices are set by weather (heating and cooling demand), storage levels and, increasingly, LNG exports and data-center-driven power demand. Spikes to $10+ (2005, 2008, 2022) came from supply shocks or extreme weather; the shale boom then kept the 2010s mostly under $4. Read it alongside our weekly Natural Gas Storage page — the storage surplus or deficit vs the 5-year norm is the standard supply-side context for the price. Series history runs from 1997 to present.
Sources, methodology & freshnessEIA via FRED (DHHNGSP), daily, dollars per million BTU, not seasonally adjusted · Daily, with every releaseData as of 2026-10-06 · Open ↓Close ↑
Full history
Price ($/MMBtu)
Year-over-year %
The annual change in the Henry Hub spot price. Gas is the most volatile major commodity — triple-digit YoY swings are routine, driven by weather, storage and LNG export demand.
Real price (August 2026 dollars)
The Henry Hub spot price restated in August 2026 dollars, so every past reading buys the same basket as today. Each day takes the CPI of its month.
Deflated by CPI-U (BLS), matched by month; the latest months appear once CPI is published.
Methodology & data
Natural Gas is sourced from EIA via the Federal Reserve's FRED service (EIA via FRED (DHHNGSP), daily, dollars per million BTU, not seasonally adjusted). We pull the complete history, chart it on a daily basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.
Every reading is stamped with its release date. Latest observation 2026-10-06; site refreshed 2026-10-13. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.
Frequently asked questions
What is the Natural Gas Price (Henry Hub)?
The spot price of natural gas at the Henry Hub in Erath, Louisiana — the delivery point for NYMEX gas futures and the benchmark for US gas. Daily, in dollars per million BTU, back to 1997. This is the true spot series: continuous futures charts are back-adjusted and their historical levels are not real prices.
How do you read Natural Gas?
Gas prices are set by weather (heating and cooling demand), storage levels and, increasingly, LNG exports and data-center-driven power demand. Spikes to $10+ (2005, 2008, 2022) came from supply shocks or extreme weather; the shale boom then kept the 2010s mostly under $4. Read it alongside our weekly Natural Gas Storage page — the storage surplus or deficit vs the 5-year norm is the standard supply-side context for the price.
Where does the Natural Gas data come from?
EIA via FRED (DHHNGSP), daily, dollars per million BTU, not seasonally adjusted. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/natural-gas-price.csv.
How often is Natural Gas updated?
Natural Gas is a daily series from EIA, refreshed here as soon as a new release posts to FRED.
Henry Hub spot ($/MMBtu)
- YoY %
- 3.4%
Next release: Oct 15, 2026