Commodity Origins

Natural gas price history, 1960 to 2026

US Henry Hub averaged $2.77/MMBtu in August 2026, -5% over twelve months and -1% over ten years. The nominal all-time high was $13.52/MMBtu in October 2005; in 2024 dollars the real peak was $21.3/MMBtu in October 2005. Monthly averages, World Bank Pink Sheet.

Natural gas monthly prices, $/MMBtu, Jan 1960 to Aug 2026Line chart of natural gas monthly prices in $/MMBtu from Jan 1960 to Aug 2026: US Henry Hub from 0.14 to 2.77, peaking at 13.52; Europe (TTF) from 0.4 to 21.11, peaking at 70.04; Japan LNG import from 2.77 to 13.94, peaking at 23.73.02040608019601965197019751980198519901995200020052010201520202025$/MMBtu
US Henry HubEurope (TTF)Japan LNG import
Derived price statistics per series
SeriesLatest1 month12 months5 years10 years20 yearsAll-time high (nominal)All-time high (real, 2024 US$)
US Henry Hub
$/MMBtu, since 1960
2.77
August 2026
-4%-5%-32%-1%-60%13.52
October 2005
21.3
October 2005
Europe (TTF)
$/MMBtu, since 1960
21.11
August 2026
+17%+89%+37%+421%+142%70.04
August 2022
74.45
August 2022
Japan LNG import
$/MMBtu, since 1977
13.94
August 2026
+1%+18%+29%+95%+93%23.73
September 2022
25.12
September 2022

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-09-02, fetched 6 September 2026 (CC BY 4.0).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how natural gas is priced.

Monthly natural gas prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

US Henry Hub ($/MMBtu)

US Henry Hub monthly prices, 2020s, $/MMBtu
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20202.031.921.791.741.751.611.742.31.922.252.592.542.01
20212.675.072.562.612.893.233.84.055.115.485.023.733.85
20224.334.664.886.538.147.677.268.797.765.625.285.56.37
20233.272.382.32.162.152.182.552.582.642.992.712.532.54
20243.181.721.51.62.132.512.081.992.252.212.13.022.19
20254.14.224.133.43.123.023.192.912.973.23.794.253.53
20267.583.613.062.772.933.152.892.773.59

Europe (TTF) ($/MMBtu)

Europe (TTF) monthly prices, 2020s, $/MMBtu
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20203.632.912.722.121.581.751.82.863.954.894.845.863.24
20217.276.166.137.158.9110.312.5115.4322.8431.0527.6238.0316.12
202228.2627.2342.3932.229.1733.5651.3370.0459.139.0235.7236.0440.34
202320.1816.5413.8113.5210.1110.359.5511.1911.5514.5714.4911.5113.11
20249.568.158.559.0910.1210.8710.3512.3711.7812.9213.9313.8610.96
202514.6615.3413.2411.5911.6612.3711.6211.1511.1210.8910.429.4811.96
202611.7611.2417.9115.4116.1715.1718.0621.1115.85

Japan LNG import ($/MMBtu)

Japan LNG import monthly prices, 2020s, $/MMBtu
YearJanFebMarAprMayJunJulAugSepOctNovDecAverage
20209.899.8910.2110.0110.088.977.796.345.886.186.867.668.31
202199.887.98.288.929.6210.3610.811.4412.3815.2515.3210.76
202214.691715.1116.2916.6815.5318.8821.2123.7321.8419.5920.5818.43
202320.1918.4216.0314.3713.4312.6812.9912.5412.2112.6212.7214.4414.39
202414.3413.6413.1911.8812.1612.1312.4913.3212.9712.5412.8212.6412.84
202513.1912.7812.5512.6812.3212.1711.9111.7911.4711.111.1511.3212.04
202611.4911.3211.4215.6512.8811.7913.8513.9412.79

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

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Cite as: Commodity Origins, "Natural gas price history (1960–2026)", https://commodityorigins.com/prices/natural-gas/, data 2026-09-02. Data updated 6 September 2026.