Natural Gas Prices
Welcome to view the price of Natural Gas. This page provides the natural gas price per million Btu and its width of price fluctuation, and also provides natural gas price charts for the past 90 days, 180 days, 1, 2, 5, and 10 years. Similar to other commodity prices, the prices of natural gas are mainly driven by supply and demand fundamentals. However, its prices may also be linked to the price of crude oil and/or petroleum products, especially in continental Europe.
Natural Gas Price Per Million Btu
Natural Gas Price
=
2.417 US Dollar -0.059 (-2.38%)
Prev. Close: $2.476
Open: $2.463
Day's Range: $2.381 - $2.479
Prices Updated: May 28, 2023 at 01:19 NY Time
Natural Gas Price Chart
Natural Gas History
| Date | Natural Gas Per Million Btu | Gold Prices |
|---|---|---|
| 2023-05-26 | $2.476 | $1943.7 |
| 2023-05-25 | $2.476 | $1943.7 |
| 2023-05-24 | $2.307 | $1943.7 |
| 2023-05-23 | $2.398 | $1964.6 |
| 2023-05-22 | $2.321 | $1974.5 |
| 2023-05-21 | $2.4 | $1977.2 |
| 2023-05-20 | $2.585 | $1981.6 |
| 2023-05-19 | $2.592 | $1959.8 |
| 2023-05-18 | $2.592 | $1959.8 |
| 2023-05-17 | $2.592 | $1959.8 |
| 2023-05-16 | $2.365 | $1984.9 |
| 2023-05-15 | $2.376 | $1993 |
| 2023-05-14 | $2.375 | $2022.7 |
| 2023-05-13 | $2.266 | $2019.8 |
| 2023-05-12 | $2.19 | $2020.5 |
| 2023-05-11 | $2.19 | $2020.5 |
| 2023-05-10 | $2.19 | $2020.5 |
| 2023-05-09 | $2.191 | $2037.1 |
| 2023-05-08 | $2.267 | $2042.9 |
Natural Gas Prices In US Dollar
| Natural Gas | US Dollar | US Dollar | Natural Gas |
|---|---|---|---|
| 1 Million Btu | 2.417 USD | 1 USD | 0.41374 Million Btu |
| 2 Million Btu | 4.834 USD | 2 USD | 0.82747 Million Btu |
| 5 Million Btu | 12.085 USD | 5 USD | 2.06868 Million Btu |
| 10 Million Btu | 24.17 USD | 10 USD | 4.13736 Million Btu |
| 20 Million Btu | 48.34 USD | 20 USD | 8.27472 Million Btu |
| 25 Million Btu | 60.425 USD | 25 USD | 10.3434 Million Btu |
| 50 Million Btu | 120.85 USD | 50 USD | 20.6868 Million Btu |
| 100 Million Btu | 241.7 USD | 100 USD | 41.3736 Million Btu |
| 1000 Million Btu | 2417 USD | 1000 USD | 413.73604 Million Btu |
Natural Gas Price
Natural gas is a hydrocarbon gas mixture consisting primarily of methane, and also contains varying amounts of other higher alkanes. Sometimes it usually includes a lesser percentage of carbon dioxide, nitrogen, and/or hydrogen sulfide. Natural gas is a nonrenewable resource and is found in deep underground rock formations or associated with other hydrocarbon reservoirs in coal beds and as methane clathrates. Natural gas is often informally referred to simply as "gas". It is an energy source often used for cooking, heating, and electricity generation. It is also used as fuel for vehicles and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals.
The price of Natural gas:
Natural gas prices are mainly driven by supply and demand fundamentals, and they may be also affected by the price of crude oil or petroleum products, especially in continental Europe. The prices of natural gas in the United States had historically followed oil prices, however, in recent years have decoupled from oil and are now trending somewhat with coal prices. It is noted that the prices of natural gas delivered to consumers are $ per Mcf of pipeline-quality gas which is equal to $ per MMBtu multiplied by 1.025.
The measurement unit of natural gas: Million Btu
The Million Btu is a unit for natural gas which was defined as one thousand BTU. The abbreviation of Million Btu (M Btu or m Btu) is easily confused with the SI mega- (M) prefix which denotes multiplication by a factor of one million (×106), or with the SI milli- (m) prefix, which denotes division by a factor of one thousand (×10−3). Therefore, in order to avoid confusion, it is commonly used the notation MMBtu or mmBtu represent one million BTU. The common units conversion for natural gas: 1 MMBtu (1 million BTU) = 1.054615 GJ; 1000 ft3 of natural gas yields ≈ 1 MMBTU ≈ 1 GJ; 1 ft3 of natural gas yields ≈ 1000 BTU; 1000 m3 ≈ 36.906 MMBTU; 1 MMBTU ≈ 27.096 m3
