CommoditiesNYMEXContinuous

Henry Hub Natural Gas

What is Henry Hub Natural Gas?

Price per MMBtu of natural gas at the Henry Hub delivery point.

Why it matters

U.S. natural gas benchmark.

How to read prints

When it rises

Heating/power costs rising; pressures industrial margins, supports E&P.

When it falls

Storage builds and weak demand; pressures producers.

Frequently asked

What is Henry Hub natural gas?⌄
The pricing point in Erath, Louisiana that serves as the benchmark for U.S. natural gas futures (NYMEX NG) and most North American pipeline contracts.
What drives natural gas prices?⌄
Heating demand (winter), cooling demand (summer power burn), LNG export volumes, storage levels vs. 5-year range, and production.
What is the difference between Henry Hub and TTF?⌄
Henry Hub is U.S. domestic; TTF (Title Transfer Facility, Netherlands) is the European benchmark. The gap blew out to >USD 70/MMBtu after Russia cut Europe in 2022.
How seasonal is the price?⌄
Highly seasonal. Winter (heating) and peak summer (cooling) drive demand spikes. Shoulder seasons (spring, fall) typically see storage builds and price weakness.

Track it on Market Ontology

Monitor Henry Hub Natural Gas in real time on Energy Physical Flows, alongside regime classification, transmission mapping, and cross-asset context.

SourceNYMEX
FrequencyContinuous
CategoryCommodities
FRED SeriesDHHNGSP
UnitUSD/MMBtu
Related ModuleEnergy Physical Flows

Related indicators

Brent Crude Oil

ICE

Copper

COMEX/LME

Gold Spot Price

LBMA/COMEX

WTI Crude Oil

NYMEX

Track Henry Hub Natural Gas in real time

Cross-domain macro intelligence. Policy to prices. 7-day free trial.

Get Started