Henry Hub Natural Gas Spot Prices 2005



With relatively high volumes of natural gas in storage and milder temperatures, spot prices still increased.  For the week (Wednesday to Wednesday), the spot price at the Henry Hub increased 29 cents per million British thermal units (mmBtu), or 4 percent, to $7.46.  The price is $1.76, or 31 percent, above last year's level of $5.70.  Prices at the Henry Hub are to remain relatively high, averaging $6.95 in 2005 according to the Energy Information Administration's Short-Term Energy Outlook, which was released April 7.

The amount of natural gas in storage in the East Region decreased 0.4% for the week ending April 1 to 546 billion cubic feet which was 54 billion cubic feet above the 5-year average.  Nebraska is a part of the East Region (see map) which is a major natural gas consumer, particularly in the residential and commercial sectors.  The industrial sector, which includes agriculture, is also a major consumer in this state.  Most of the gas is supplied from the Producing Region with a fair amount imported from Canada.  The Henry Hub in southern Louisiana is a major market center with interconnections for many of the pipelines that transport U.S.-produced gas to the East Region.  Furthermore, the Henry Hub is the preferred reference point for prices for most of the domestic gas destined for the East.  Therefore, market conditions and developments in the East Region and price movements and trends at the Henry Hub are usually highly correlated.

Notes:  An archive is available.  Divide the price by ten (10) to obtain the price per hundred cubic feet (ccf) or the approximate price per therm.


Natural Gas Spot Prices at the Henry Hub
2004 and 2005


Natural Gas Spot Prices at the Henry Hub 2005
[Price per Million British Thermal Units (mmBtu)]
Day Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
    1   $6.29 $6.64 $7.58   NA NA NA NA   NA NA
    2   $6.38 $6.61   NA NA   NA NA   NA NA
    3 $5.53 $6.30 $6.72   NA NA   NA   NA NA  
    4 $5.70 $6.12 $6.52 $7.80 NA   NA NA   NA NA  
    5 $5.84     $7.44 NA   NA NA NA NA   NA
    6 $5.79     $7.46 NA NA NA   NA NA   NA
    7 $5.85 $6.03 $6.67 NA   NA NA   NA NA NA NA
    8   $5.95 $6.84 NA   NA NA NA NA   NA NA
    9   $6.20 $6.99   NA NA   NA NA   NA NA
  10 $6.23 $6.21 $6.90   NA NA   NA   NA NA  
  11 $5.96 $6.03 $6.73 NA NA   NA NA   NA NA  
  12 $5.89     NA NA   NA NA NA NA   NA
  13 $6.05     NA NA NA NA   NA NA   NA
  14 $6.46 $5.95 $6.86 NA   NA NA   NA NA NA NA
  15   $6.01 $7.15 NA   NA NA NA NA   NA NA
  16   $6.11 $7.08   NA NA   NA NA   NA NA
  17 Holiday $6.05 $7.24   NA NA   NA   NA NA  
  18 $6.68 $5.88 $7.12 NA NA   NA NA   NA NA  
  19 $6.21     NA NA   NA NA NA NA   NA
  20 $6.26     NA NA NA NA   NA NA   NA
  21 $6.43 Holiday $7.17 NA   NA NA   NA NA NA NA
  22   $5.92 $7.25 NA   NA NA NA NA   NA NA
  23   $6.02 $7.11   NA NA   NA NA   NA NA
  24 $6.41 $6.32 $7.08   NA NA   NA   NA NA  
  25 $6.46 $6.27 Closed NA NA   NA NA   NA NA  
  26 $6.44     NA NA   NA NA NA NA   NA
  27 $6.50     NA NA NA NA   NA NA   NA
  28 $6.24 $6.64 $6.94 NA   NA NA   NA NA NA NA
  29     $6.94 NA   NA NA NA NA   NA NA
  30     $7.17   NA NA   NA NA   NA NA
  31 $6.15   $7.47   NA     NA   NA    

Return to top of page

Sources:  Natural Gas Weekly Update.   Energy Information Administration, Washington, DC.  Nebraska Energy Office, Lincoln, NE.

Note:  NA = Not available.

This table was updated on April 8, 2005.  Typically, there is one week between updates.

Energy Statistics Home  |  Contact Us  |  Conversion Chart  | Glossary