Natural Gas Prices Spike to Start 2025

January 3, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With a new year and a new cold-weather pattern descending on parts of North America, U.S. natural gas prices were on the rise during the first full trading day of 2025. Henry Hub, the U.S. benchmark for the price of natural gas, was up about 2.2% in early Thursday trading to move in the range of $3.70 per million British thermal units (MMBtu). The price has been on a steady increase since mid-December, when the price was closer to $2.70/MMBtu before winter weather descended on much of North America.