RSS feed source: US Energy Information Administration
In-brief analysis
November 13, 2025
Driven by an increase in wholesale natural gas prices, retail U.S. natural gas prices for every sector have increased so far this year, although the increases are uneven across sectors. In our latest Short-Term Energy Outlook, we expect the 2025 annual average price of natural gas paid by electric power plants to increase by 37% and the price paid by industrial sector customers to increase by 21% compared with the 2024 averages. We forecast that natural gas prices for customers in the commercial and residential sectors will increase by less, at 4% each.
Each sector’s price is partially affected by the wholesale price of natural gas, as represented by the spot price at the Henry Hub benchmark. So far this year, monthly Henry Hub natural gas prices have been higher than in
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