U.S. residential sector's natural gas prices 2022

Household prices for natural gas in the United States reached 14.8 nominal U.S. dollars per thousand cubic feet in 2022, representing the highest price during the period in consideration. This was due to the the extreme winter weather events and freeze-offs in the United States which resulted in a decline in natural gas production.

Natural gas prices for the residential sector in the United States in selected years from 1975 to 2022 (in nominal U.S. dollars per 1,000 cubic feet)

Characteristic	Price in U.S. dollars per thousand cubic feet*
2022	14.8
2021	12.18
2020	10.78
2019	10.51
2018	10.5
2017	10.91
2016	10.05
2015	10.38
2010	11.39
2005	12.7
2000	7.76
1995	6.06
1990	5.8
1985	6.12
1980	3.68
1975	1.71

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Release date

April 2023

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Region

United States

Survey time period

1975 to 2022

Supplementary notes

In nominal dollars, reflecting the buying power in the year in which the transaction occurred; not adjusted to remove the effect of changes in the purchasing power of the dollar.

Average prices, intended to include all taxes. Instructions on the data collection forms specifically direct that all Federal, State, and local taxes, surcharges, and/or adjustments billed to consumers are to be included. However, sales and other taxes itemized on more than 3,000 consumers’ bills are sometimes excluded by the reporting utilities.

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