tradingkey.logo

US Henry Hub natural gas prices hit three-year high in July

ReutersAug 5, 2025 12:40 PM

- U.S. spot natural gas prices at the Henry Hub NG-W-HH-SNL benchmark in Louisiana rose to a three-year high for the month of July, according to pricing data from financial firm LSEG.

Gas prices averaged $3.20 per million British thermal units (mmBtu) in July, their highest for that month since 2022. That compares with $2.08 in July 2024 and a five-year (2020-2024) average of $3.50 for the month.

So far in 2025, prices at the Henry Hub have averaged $3.60. That compares with a four-year low of $2.19 in full-year 2024 and a five-year average of $3.42. NGAS/POLL

For a list of daily U.S. spot gas cash prices from SNL Energy, including Henry Hub, see 0#SNL-NG.

Prices are in U.S. dollars per mmBtu and are derived from LSEG data. The average for the year is from the U.S. Energy Information Administration:

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

EIA YEAR AVERAGE

2025

4.13

4.19

4.13

3.41

3.12

3.02

3.20

2024

3.18

1.72

1.49

1.60

2.12

2.54

2.08

1.99

2.28

2.19

2.10

3.02

2.19

2023

3.28

2.38

2.31

2.16

2.15

2.18

2.55

2.58

2.64

2.99

2.71

2.52

2.54

2022

4.38

4.69

4.90

6.59

8.14

7.70

7.28

8.80

7.88

5.69

5.40

5.53

6.42

2021

2.71

5.35

2.62

2.66

2.91

3.26

3.84

4.07

5.16

5.52

5.05

3.76

3.91

2020

2.02

1.91

1.79

1.74

1.75

1.63

1.76

2.30

1.92

2.39

2.59

2.57

2.03

2019

3.07

2.70

2.93

2.65

2.64

2.40

2.36

2.22

2.57

2.33

2.63

2.22

2.57

*2018

3.88

2.67

2.70

2.79

2.80

2.97

2.83

2.96

3.00

3.27

4.13

3.97

3.15

2017

3.26

2.82

2.87

3.08

3.12

2.94

2.96

2.88

2.96

2.87

2.99

2.76

2.99

2016

2.27

1.96

1.70

1.90

1.92

2.57

2.79

2.79

2.97

2.95

2.50

3.58

2.51

2015

2.97

2.85

2.80

2.58

2.84

2.77

2.83

2.77

2.65

2.32

2.08

1.92

2.63

2014

4.59

5.94

4.93

4.27

4.55

4.57

4.01

3.88

3.92

3.77

4.10

3.43

4.39

2013

3.34

3.32

3.66

4.07

4.12

3.98

3.68

3.44

3.60

3.61

3.57

4.04

3.73

2012

2.70

2.56

2.27

2.06

2.43

2.46

2.84

2.93

2.73

3.18

3.55

3.49

2.75

2011

4.37

4.22

3.86

4.24

4.35

4.46

4.42

4.22

3.88

3.67

3.35

3.17

4.00

2010

5.78

5.31

4.56

3.99

4.21

4.51

4.68

4.54

3.88

3.64

3.54

4.24

4.39

2009

5.64

4.53

4.03

3.56

3.62

3.68

3.62

3.27

2.88

3.99

4.00

5.04

3.95

2008

7.68

8.37

9.19

9.81

11.35

12.30

11.84

8.72

7.99

7.07

6.60

6.29

8.86

2007

6.22

7.64

7.33

7.61

7.56

7.48

6.51

6.19

5.85

6.61

7.24

7.14

6.98

2006

9.93

8.12

6.98

7.19

6.70

6.03

5.95

7.25

5.83

5.13

7.33

7.36

6.74

2005

6.14

6.22

6.67

7.24

6.60

7.04

7.38

8.65

11.51

14.09

11.96

12.26

8.81

2004

6.16

5.55

5.30

5.56

6.17

6.41

6.16

5.74

5.15

6.30

6.76

7.08

5.90

2003

5.18

6.58

7.30

5.16

5.55

5.92

5.13

4.86

4.78

4.62

4.51

5.54

5.49

2002

2.45

2.20

2.76

3.42

3.49

3.33

3.12

3.03

3.41

4.00

4.10

4.47

3.37

2001

9.17

5.81

5.14

5.28

4.43

3.73

3.14

3.04

2.25

2.15

2.67

2.40

3.96

2000

2.38

2.64

2.72

2.95

3.30

4.33

4.18

4.13

4.91

5.18

5.13

7.74

4.31

1999

1.80

1.79

1.73

2.03

2.30

2.29

2.29

2.72

2.69

2.68

2.65

2.28

2.27

1998

2.18

2.13

2.25

2.44

2.21

2.10

2.28

1.91

1.86

1.98

2.09

1.90

2.09

1997

3.83

2.53

1.85

1.93

2.23

2.27

2.19

2.36

2.72

3.13

3.13

2.42

2.50

1996

3.14

4.06

3.05

2.37

2.21

2.42

2.60

2.15

1.80

2.12

2.97

3.89

2.76

1995

1.61

1.46

1.50

1.59

1.65

1.66

1.47

1.50

1.63

1.73

1.92

2.42

1.69

1994

2.32

2.73

2.25

2.04

2.00

1.89

1.99

1.72

1.51

1.45

1.62

1.70

1.92

1993

2.00

1.71

2.01

2.27

2.33

2.04

2.03

2.24

2.29

2.03

2.21

2.21

2.12

1992

1.46

1.14

1.25

1.44

1.55

1.65

1.64

1.93

2.01

2.56

2.31

2.28

1.77

1991

1.68

1.36

1.34

1.33

1.32

1.25

1.17

1.26

1.47

1.69

1.84

1.90

1.49

1990

2.43

1.92

1.55

1.50

1.50

1.50

1.43

1.37

1.45

1.62

2.12

2.23

1.70

1989

----

1.70

1.50

1.53

1.66

1.69

1.66

1.59

1.52

1.60

1.89

2.22

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI