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The Daily Insight

What is the cost of natural gas per MMBtu?

Author

Andrew Mclaughlin

Published Mar 27, 2026

3.63
Energy

NamePriceUnit
Natural Gas (Henry Hub)3.63USD per MMBtu
Ethanol2.48USD per Gallon
Heating Oil56.00USD per 100 Liter
Coal125.75USD per Ton

How much does a MMBtu cost?

Henry Hub Natural Gas Spot Price, (US$/MMBtu)

2019JanMar
First Day Of The Month Prices$3.25$2.89
Rolling 12-month FDOM Average$3.12$3.10
Monthly Average Daily Spot Price$3.11$2.95

What is the current market price for natural gas?

Key Data

LabelValue
Last3.935
Prior Settlement3.914
52 Week High4.102
52 Week Low1.834

What was the price of natural gas in 2020?

Natural Gas Prices. The Henry Hub spot price averaged $2.03/MMBtu in 2020.

What is a good price per therm for natural gas?

The average natural gas cost per therm is $0.95 or $9.52 per thousand cubic feet. One therm is equal to 100 cubic feet of natural gas. Most households use natural gas for heating the home, heating water, and appliances.

Will Natural Gas Prices Go Up in 2021?

U.S. natural gas prices are expected to increase in 2021 and 2022 compared to the record lows of last year, driven mainly by a boom in liquefied natural gas (LNG) exports and domestic consumption, according to the Energy Information Administration (EIA).

What will natural gas prices do in 2021?

The EIA forecast 2021 Henry Hub spot prices to average $3.07/MMBtu this year in its June Short-Term Energy Outlook (STEO), an increase of $1.04 from the lows of 2020. The latest forecast for 2021 prices also comes in slightly higher than the $3.05 average Henry Hub price forecast last month.

Will natural gas prices Go Up in 2021?

What will natural gas prices be in 2022?

Natural Gas We expect Henry Hub prices will rise to an annual average of $3.22/MMBtu in 2021, and we forecast prices will then fall to an average of $3.00/MMBtu in 2022.