Henry Hub Natural Gas Spot Price 2.89M for 

Henry Hub Natural Gas Spot Price came in at 2.89M for Jul 2026, down 8.25% from 3.15M the prior month and 9.69% below its level of 3.2M one year ago. The series has averaged 4.09M since 1997, reaching a record high of 13.4M in October 2005 and a record low of 1.49M in March 2024.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Henry Hub Natural Gas Spot Price," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/natural-gas-price

Historical Data

July 1, 20262.89M
June 1, 20263.15M
May 1, 20262.94M
April 1, 20262.77M
March 1, 20263.04M
February 1, 20263.62M
January 1, 20267.72M
December 1, 20254.26M
November 1, 20253.79M
October 1, 20253.19M
September 1, 20252.97M
August 1, 20252.91M
July 1, 20253.2M
June 1, 20253.02M
May 1, 20253.12M
April 1, 20253.42M
March 1, 20254.12M
February 1, 20254.19M
January 1, 20254.13M
December 1, 20243.01M
October 1, 20113.57M
September 1, 20113.9M
August 1, 20114.06M
July 1, 20114.42M
June 1, 20114.54M
May 1, 20114.31M
April 1, 20114.24M
March 1, 20113.97M
February 1, 20114.09M
January 1, 20114.49M
December 1, 20104.25M
November 1, 20103.71M
October 1, 20103.43M
September 1, 20103.89M
August 1, 20104.32M
July 1, 20104.63M
June 1, 20104.8M
May 1, 20104.14M
April 1, 20104.03M
March 1, 20104.29M

About Henry Hub Natural Gas Spot Price

What it measures

The Henry Hub Natural Gas Spot Price (FRED series MHHNGSP) measures the monthly average spot price of natural gas in dollars per million BTU at Henry Hub in Erath, Louisiana, the delivery point for NYMEX natural gas futures and the benchmark for North American gas pricing. The data originate with the Energy Information Administration, and the hub location at the junction of major pipelines makes it the reference price for the continent.

Why it matters

Natural gas fuels a large share of US electricity generation, heats roughly half of American homes, and is the key feedstock for fertilizer and many chemicals, so its price flows into utility bills, manufacturing costs, and food prices. Power producers, industrial firms, and LNG exporters hedge against this benchmark. The growth of US LNG exports has increasingly linked Henry Hub to global gas and European energy markets.

How to read it

Gas is among the most volatile major commodities because storage is limited and demand spikes with weather; cold snaps and heat waves drive sharp seasonal moves. Watch weekly storage inventories relative to five-year norms as the key supply context. Henry Hub trades far below European and Asian benchmarks due to abundant domestic shale supply, and regional US prices can detach from it when pipelines are constrained.

Get Henry Hub Natural Gas Spot Price in Excel

Pull Henry Hub Natural Gas Spot Price directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=NaturalGasPrice()

View the Natural Gas Price formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Henry Hub Natural Gas Spot Price?

Henry Hub Natural Gas Spot Price is 2.89M as of July 2026.

What is the all-time high and low of Henry Hub Natural Gas Spot Price?

The highest value on record is 13.4M (October 2005) and the lowest is 1.49M (March 2024).

How often is Henry Hub Natural Gas Spot Price updated?

Henry Hub Natural Gas Spot Price is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Henry Hub Natural Gas Spot Price in Excel?

Use the MarketXLS Excel formula =NaturalGasPrice() to pull Henry Hub Natural Gas Spot Price directly into any cell, with historical values available for analysis.

Basic info
Natural gas price per gallon in dollars.
RegionUnited States
FrequencyMonthly
Last updatedAugust 5, 2026
Seasonal adjustmentNot Seasonally Adjusted
UnitDollars per Million BTU

Stats
Last Value2.89M
Latest PeriodJul 2026
Last UpdatedAugust 5 2026, 12:32
Value Previous Month3.15M
Change From Previous Month-8.25%
Value 1 Year Ago3.2M
Change From Year Ago-9.69%
Average Growth Rate-0.60%/yr
Record High (Oct 2005)13.4M
Record Low (Mar 2024)1.49M
Long-Term Average4.09M
FrequencyMonthly
AdjustmentNot Seasonally Adjusted
UnitDollars per Million BTU

Annual Averages
20263.73M
20253.53M
20242.19M
20232.54M
20226.42M
20213.91M
20202.03M
20192.57M
20183.17M
20172.99M
20162.52M
20152.63M

Related Indicators
Consumer Price Index (CPI)
Core CPI (Less Food & Energy)
CPI: Food
CPI: Energy
PCE Price Index
Core PCE Price Index
GDP Deflator (Implicit Price Deflator)
Producer Price Index (Final Demand)
PPI: Finished Goods
PPI: Processed Goods for Intermediate Demand
PPI: Unprocessed Goods for Intermediate Demand
Core PPI (Less Food & Energy)