Natural Gas U.S. Prices

Natural gas U.S. prices averaged USD 4.14 per MMBtu in March, up 10.6% from February. On 31 March, the commodity traded at USD 4.13 per MMBtu, up 8.1% from 28 February.

Prices hit a 27-month high in March. From 1–28 March, liquified natural gas (LNG) flows per day to the eight large U.S. export plants rose to a monthly record high, bolstered by the inauguration of new units of the Plaquemines plant in Louisiana. This comes against a backdrop of low inventories, which were 6.5% below the five-year seasonal average in the week to 21 March, weighed on by a cold winter that stoked heating demand.