XLE•Reporting by Scott DiSavino
Editing by David Goodman
scott.disavino@thomsonreuters.com; +1 332 219 1922; Reuters Messaging: scott.disavino.thomsonreuters.com@reuters.net/
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 (EIA):
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | EIA YEAR AVERAGE |
|---|
| 2026 | 7.72 | 3.62 | 3.06 | 2.77 | 2.94 | 3.15 | 2.90 | 2.77 | |||||
| 2025 | 4.13 | 4.19 | 4.13 | 3.41 | 3.12 | 3.02 | 3.20 | 2.91 | 3.02 | 3.19 | 3.79 | 4.26 | ~3.53 |
| 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 |
U.S. spot natural gas prices at the Henry Hub benchmark in Louisiana NG-W-HH-SNL averaged $2.77 per million British thermal units (mmBtu) in August, their lowest for the month since 2024, pricing data from financial group LSEG showed.
That was down from an average of $2.91 per mmBtu in August 2025 and compares with an average of $4.07 during the month over the past five years (2021 to 2025).
In calendar year 2025, prices at Henry Hub averaged $3.53 per mmBtu, up from a four-year low of $2.19 in 2024 and a five-year average of $3.72. NGAS/POLL
| 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 |
