US natural gas is priced at the Henry Hub in Louisiana and traded as the NYMEX NG futures contract, quoted in dollars per million British thermal units (MMBtu). Prices are highly seasonal — driven by heating demand in winter, cooling/power demand in summer, storage levels and LNG export volumes.
As of the 2026-07-24 close, Natural Gas traded at 2.888 USD / MMBtu. The chart above overlays the live intraday quote during market hours.
Over the last 52 weeks, Natural Gas has traded between a low of 2.523 and a high of 7.460 USD / MMBtu (daily closing prices).
Natural Gas is down 20.2% year-to-date in 2026, moving from 3.618 at the start of the year to 2.888 USD / MMBtu as of 2026-07-24.
US natural gas is priced at the Henry Hub in Louisiana and traded as the NYMEX NG futures contract, quoted in dollars per million British thermal units (MMBtu). Prices are highly seasonal — driven by heating demand in winter, cooling/power demand in summer, storage levels and LNG export volumes.
Heating demand spikes in winter and power-generation (air-conditioning) demand rises in summer, while storage is injected in the shoulder seasons. The weekly EIA storage report — how full US storage is versus the 5-year average — is the single most-watched driver of the Henry Hub price.
Henry Hub is a natural-gas pipeline interchange in Erath, Louisiana where multiple interstate pipelines meet. Because so much physical gas changes hands there, it serves as the delivery point for NYMEX gas futures and the reference price for most North American gas contracts.