FACTBOX-US Henry Hub natgas prices average two-year low for February
By Scott DiSavino
NEW YORK, March 2 (Reuters) - U.S. spot natural gas prices at the Henry Hub benchmark NG-W-HH-SNL in Louisiana averaged a two-year low for the month of February, pricing data from financial firm LSEG showed.
Gas prices averaged $3.62 per million British thermal units (mmBtu) in February, their lowest for the month since 2024.
That was down from averages of $4.19 per mmBtu in February 2025 and $3.67 during the month over the past five years (2021-2025).
In calendar 2025, prices at Henry Hub averaged $3.53 per mmBtu, up from a four-year low of $2.19 for full-year 2024 and a five-year average of $3.72. 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 (EIA):
|
JAN |
FEB |
MAR |
APR |
MAY |
JUN |
JUL |
AUG |
SEP |
OCT |
NOV |
DEC |
EIA YEAR AVERAGE |
2026 |
7.72 |
3.62 |
|
|
|
|
|
|
|
|
|
|
|
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 |
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 |
|
