Henry Hub natural gas price

Projected Henry Hub spot price for natural gas.

United States · $/MMBtu101 extracted figures2 institutions3 comparable groups

Revisions on this metric

49 on record

2026-02-01CBO 2025 Q3 · Quarterly average spot price~~3.14~~→3.03

2026-02-01CBO 2025 Q4 · Quarterly average spot price~~3.53~~→3.69

2026-02-01CBO 2025 full year · Annual average spot price~~3.52~~→3.51

2026-02-01CBO 2026 Q1 · Quarterly average spot price~~3.85~~→4.27

2026-02-01CBO 2026 Q2 · Quarterly average spot price~~3.26~~→3.77

2026-02-01CBO 2026 Q3 · Quarterly average spot price~~3.51~~→4.08

2026-02-01CBO 2026 Q4 · Quarterly average spot price~~3.86~~→4.41

2026-02-01CBO 2026 full year · Annual average spot price~~3.96~~→4.13

2026-02-01CBO 2027 Q1 · Quarterly average spot price~~4.1~~→4.54

2026-02-01CBO 2027 Q2 · Quarterly average spot price~~3.26~~→3.57

2026-02-01CBO 2027 Q3 · Quarterly average spot price~~3.5~~→3.81

2026-02-01CBO 2027 Q4 · Quarterly average spot price~~3.89~~→4.14

2026-02-01CBO 2027 full year · Annual average spot price~~4.04~~→4.02

2026-02-01CBO 2028 Q1 · Quarterly average spot price~~4.1~~→4.32

2026-02-01CBO 2028 Q2 · Quarterly average spot price~~3.17~~→3.35

2026-02-01CBO 2028 Q3 · Quarterly average spot price~~3.41~~→3.62

2026-02-01CBO 2028 Q4 · Quarterly average spot price~~3.75~~→3.96

2025-01-01CBO 2024 Q4 · Quarterly average spot price~~3.0~~→2.38

2025-01-01CBO 2025 Q1 · Quarterly average spot price~~3.54~~→2.93

2025-01-01CBO 2025 Q2 · Quarterly average spot price~~3.15~~→2.82

2025-01-01CBO 2025 Q3 · Quarterly average spot price~~3.48~~→3.14

2025-01-01CBO 2025 Q4 · Quarterly average spot price~~3.9~~→3.53

2025-01-01CBO 2026 Q1 · Quarterly average spot price~~4.25~~→3.85

2025-01-01CBO 2026 Q2 · Quarterly average spot price~~3.52~~→3.26

2025-01-01CBO 2026 Q3 · Quarterly average spot price~~3.83~~→3.51

2025-01-01CBO 2026 Q4 · Quarterly average spot price~~4.23~~→3.86

2025-01-01CBO 2027 Q1 · Quarterly average spot price~~4.52~~→4.1

2025-01-01CBO 2027 Q2 · Quarterly average spot price~~3.55~~→3.26

2025-01-01CBO 2027 Q3 · Quarterly average spot price~~3.84~~→3.5

2025-01-01CBO 2027 Q4 · Quarterly average spot price~~4.25~~→3.89

2024-06-01CBO 2024 Q2 · Quarterly average spot price~~2.72~~→1.79

2024-06-01CBO 2024 Q3 · Quarterly average spot price~~3.01~~→2.41

2024-06-01CBO 2024 Q4 · Quarterly average spot price~~3.51~~→3.0

2024-06-01CBO 2024 full year · Annual average spot price~~3.01~~→2.33

2024-06-01CBO 2025 Q1 · Quarterly average spot price~~4.07~~→3.54

2024-06-01CBO 2025 Q2 · Quarterly average spot price~~3.51~~→3.15

2024-06-01CBO 2025 Q3 · Quarterly average spot price~~3.74~~→3.48

2024-06-01CBO 2025 Q4 · Quarterly average spot price~~4.16~~→3.9

2024-06-01CBO 2025 full year · Annual average spot price~~3.87~~→3.52

2024-06-01CBO 2026 Q1 · Quarterly average spot price~~4.52~~→4.25

2024-06-01CBO 2026 Q2 · Quarterly average spot price~~3.59~~→3.52

2024-06-01CBO 2026 Q3 · Quarterly average spot price~~3.8~~→3.83

2024-06-01CBO 2026 Q4 · Quarterly average spot price~~4.2~~→4.23

2024-06-01CBO 2026 full year · Annual average spot price~~4.03~~→3.96

2024-06-01CBO 2027 Q1 · Quarterly average spot price~~4.5~~→4.52

2024-06-01CBO 2027 Q2 · Quarterly average spot price~~3.51~~→3.55

2024-06-01CBO 2027 Q3 · Quarterly average spot price~~3.72~~→3.84

2024-06-01CBO 2027 Q4 · Quarterly average spot price~~4.14~~→4.25

2024-06-01CBO 2027 full year · Annual average spot price~~3.97~~→4.04

2026 Q3 · Quarterly average spot price

2 institutions

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
EIA	2026 Q3“The Henry Hub spot price is forecast to average $2.87 per million British thermal units (MMBtu) in 3Q26, down 50 cents/MMBtu compared with the July STEO.” — Forecast overview, Natural gas prices · source ↗	2026-08-11	$2.87 per million British thermal units (MMBtu)
CBO	2026 Q3“2026q3,nat_gas_price_henry_hub,4.08,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.08
CBO	2026 Q3“2026q3,nat_gas_price_henry_hub,3.51,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.51
CBO	2026 Q3“2026q3,nat_gas_price_henry_hub,3.83,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.83
CBO	2026 Q3“2026q3,nat_gas_price_henry_hub,3.8,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.8

Readout

Consensus: 3.48
Spread: +1.21
Low: 2.87
High: 4.08
Reporting: 2
Basis: Quarterly average spot price

2027 full year · Annual average spot price

2 institutions

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
EIA	2027 full year“\| Natural gas spot price <br>(dollars per million BTU) \| 2.19 \| 3.53 \| 3.44 \| 3.31 \|” — Overview table, 2027projected column · source ↗	2026-08-11	3.31
CBO	2027 full year“2027,nat_gas_price_henry_hub,4.02,projected” — economic_projections/calendar_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.02
CBO	2027 full year“2027,nat_gas_price_henry_hub,4.04,projected” — economic_projections/calendar_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	4.04
CBO	2027 full year“2027,nat_gas_price_henry_hub,3.97,projected” — economic_projections/calendar_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.97

Readout

Consensus: 3.67
Spread: +0.71
Low: 3.31
High: 4.02
Reporting: 2
Basis: Annual average spot price

2026 full year · Annual average spot price

2 institutions

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
EIA	2026 full year“\| Natural gas spot price <br>(dollars per million BTU) \| 2.19 \| 3.53 \| 3.44 \| 3.31 \|” — Overview table, 2026projected column · source ↗	2026-08-11	3.44
CBO	2026 full year“2026,nat_gas_price_henry_hub,4.13,projected” — economic_projections/calendar_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.13
CBO	2026 full year“2026,nat_gas_price_henry_hub,3.96,projected” — economic_projections/calendar_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.96
CBO	2026 full year“2026,nat_gas_price_henry_hub,4.03,projected” — economic_projections/calendar_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.03

Readout

Consensus: 3.79
Spread: +0.69
Low: 3.44
High: 4.13
Reporting: 2
Basis: Annual average spot price

2023 Q4 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2023 Q4“2023q4,nat_gas_price_henry_hub,2.85,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	2.85

Readout

Low: 2.85
High: 2.85
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2023 full year · Annual average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2023 full year“2023,nat_gas_price_henry_hub,2.56,projected” — economic_projections/calendar_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	2.56

Readout

Low: 2.56
High: 2.56
Reporting: 1
Basis: Annual average spot price

One institution reporting — no consensus is claimed.

2024 Q1 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2024 Q1“2024q1,nat_gas_price_henry_hub,2.78,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	2.78

Readout

Low: 2.78
High: 2.78
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2024 Q2 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2024 Q2“2024q2,nat_gas_price_henry_hub,1.79,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	1.79
CBO	2024 Q2“2024q2,nat_gas_price_henry_hub,2.72,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	2.72

Readout

Low: 1.79
High: 1.79
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2024 Q3 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2024 Q3“2024q3,nat_gas_price_henry_hub,2.41,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	2.41
CBO	2024 Q3“2024q3,nat_gas_price_henry_hub,3.01,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.01

Readout

Low: 2.41
High: 2.41
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2024 Q4 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2024 Q4“2024q4,nat_gas_price_henry_hub,2.38,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	2.38
CBO	2024 Q4“2024q4,nat_gas_price_henry_hub,3.0,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.0
CBO	2024 Q4“2024q4,nat_gas_price_henry_hub,3.51,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.51

Readout

Low: 2.38
High: 2.38
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2024 full year · Annual average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2024 full year“2024,nat_gas_price_henry_hub,2.33,projected” — economic_projections/calendar_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	2.33
CBO	2024 full year“2024,nat_gas_price_henry_hub,3.01,projected” — economic_projections/calendar_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.01

Readout

Low: 2.33
High: 2.33
Reporting: 1
Basis: Annual average spot price

One institution reporting — no consensus is claimed.

2025 Q1 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2025 Q1“2025q1,nat_gas_price_henry_hub,2.93,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	2.93
CBO	2025 Q1“2025q1,nat_gas_price_henry_hub,3.54,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.54
CBO	2025 Q1“2025q1,nat_gas_price_henry_hub,4.07,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.07

Readout

Low: 2.93
High: 2.93
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2025 Q2 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2025 Q2“2025q2,nat_gas_price_henry_hub,2.82,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	2.82
CBO	2025 Q2“2025q2,nat_gas_price_henry_hub,3.15,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.15
CBO	2025 Q2“2025q2,nat_gas_price_henry_hub,3.51,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.51

Readout

Low: 2.82
High: 2.82
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2025 Q3 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2025 Q3“2025q3,nat_gas_price_henry_hub,3.03,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.03
CBO	2025 Q3“2025q3,nat_gas_price_henry_hub,3.14,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.14
CBO	2025 Q3“2025q3,nat_gas_price_henry_hub,3.48,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.48
CBO	2025 Q3“2025q3,nat_gas_price_henry_hub,3.74,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.74

Readout

Low: 3.03
High: 3.03
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2025 Q4 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2025 Q4“2025q4,nat_gas_price_henry_hub,3.69,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.69
CBO	2025 Q4“2025q4,nat_gas_price_henry_hub,3.53,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.53
CBO	2025 Q4“2025q4,nat_gas_price_henry_hub,3.9,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.9
CBO	2025 Q4“2025q4,nat_gas_price_henry_hub,4.16,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.16

Readout

Low: 3.69
High: 3.69
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2025 full year · Annual average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2025 full year“2025,nat_gas_price_henry_hub,3.51,projected” — economic_projections/calendar_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.51
CBO	2025 full year“2025,nat_gas_price_henry_hub,3.52,projected” — economic_projections/calendar_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.52
CBO	2025 full year“2025,nat_gas_price_henry_hub,3.87,projected” — economic_projections/calendar_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.87

Readout

Low: 3.51
High: 3.51
Reporting: 1
Basis: Annual average spot price

One institution reporting — no consensus is claimed.

2026 Q1 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2026 Q1“2026q1,nat_gas_price_henry_hub,4.27,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.27
CBO	2026 Q1“2026q1,nat_gas_price_henry_hub,3.85,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.85
CBO	2026 Q1“2026q1,nat_gas_price_henry_hub,4.25,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	4.25
CBO	2026 Q1“2026q1,nat_gas_price_henry_hub,4.52,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.52

Readout

Low: 4.27
High: 4.27
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2026 Q2 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2026 Q2“2026q2,nat_gas_price_henry_hub,3.77,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.77
CBO	2026 Q2“2026q2,nat_gas_price_henry_hub,3.26,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.26
CBO	2026 Q2“2026q2,nat_gas_price_henry_hub,3.52,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.52
CBO	2026 Q2“2026q2,nat_gas_price_henry_hub,3.59,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.59

Readout

Low: 3.77
High: 3.77
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2026 Q4 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2026 Q4“2026q4,nat_gas_price_henry_hub,4.41,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.41
CBO	2026 Q4“2026q4,nat_gas_price_henry_hub,3.86,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.86
CBO	2026 Q4“2026q4,nat_gas_price_henry_hub,4.23,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	4.23
CBO	2026 Q4“2026q4,nat_gas_price_henry_hub,4.2,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.2

Readout

Low: 4.41
High: 4.41
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2027 Q1 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2027 Q1“2027q1,nat_gas_price_henry_hub,4.54,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.54
CBO	2027 Q1“2027q1,nat_gas_price_henry_hub,4.1,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	4.1
CBO	2027 Q1“2027q1,nat_gas_price_henry_hub,4.52,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	4.52
CBO	2027 Q1“2027q1,nat_gas_price_henry_hub,4.5,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.5

Readout

Low: 4.54
High: 4.54
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2027 Q2 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2027 Q2“2027q2,nat_gas_price_henry_hub,3.57,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.57
CBO	2027 Q2“2027q2,nat_gas_price_henry_hub,3.26,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.26
CBO	2027 Q2“2027q2,nat_gas_price_henry_hub,3.55,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.55
CBO	2027 Q2“2027q2,nat_gas_price_henry_hub,3.51,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.51

Readout

Low: 3.57
High: 3.57
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2027 Q3 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2027 Q3“2027q3,nat_gas_price_henry_hub,3.81,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.81
CBO	2027 Q3“2027q3,nat_gas_price_henry_hub,3.5,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.5
CBO	2027 Q3“2027q3,nat_gas_price_henry_hub,3.84,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	3.84
CBO	2027 Q3“2027q3,nat_gas_price_henry_hub,3.72,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	3.72

Readout

Low: 3.81
High: 3.81
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2027 Q4 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2027 Q4“2027q4,nat_gas_price_henry_hub,4.14,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.14
CBO	2027 Q4“2027q4,nat_gas_price_henry_hub,3.89,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.89
CBO	2027 Q4“2027q4,nat_gas_price_henry_hub,4.25,projected” — economic_projections/quarterly_2024-06.csv, nat_gas_price_henry_hub · source ↗	2024-06-01	4.25
CBO	2027 Q4“2027q4,nat_gas_price_henry_hub,4.14,projected” — economic_projections/quarterly_2024-02.csv, nat_gas_price_henry_hub · source ↗	2024-02-01	4.14

Readout

Low: 4.14
High: 4.14
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2028 Q1 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2028 Q1“2028q1,nat_gas_price_henry_hub,4.32,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.32
CBO	2028 Q1“2028q1,nat_gas_price_henry_hub,4.1,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	4.1

Readout

Low: 4.32
High: 4.32
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2028 Q2 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2028 Q2“2028q2,nat_gas_price_henry_hub,3.35,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.35
CBO	2028 Q2“2028q2,nat_gas_price_henry_hub,3.17,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.17

Readout

Low: 3.35
High: 3.35
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2028 Q3 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2028 Q3“2028q3,nat_gas_price_henry_hub,3.62,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.62
CBO	2028 Q3“2028q3,nat_gas_price_henry_hub,3.41,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.41

Readout

Low: 3.62
High: 3.62
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2028 Q4 · Quarterly average spot price

1 institution

Forecasts by report dateUnited States

EmphasisedOther institutionsConsensus

Institution	Period	Reported	Forecast
CBO	2028 Q4“2028q4,nat_gas_price_henry_hub,3.96,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.96
CBO	2028 Q4“2028q4,nat_gas_price_henry_hub,3.75,projected” — economic_projections/quarterly_2025-01.csv, nat_gas_price_henry_hub · source ↗	2025-01-01	3.75

Readout

Low: 3.96
High: 3.96
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2028 full year · Annual average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2028 full year“2028,nat_gas_price_henry_hub,3.81,projected” — economic_projections/calendar_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.81

Readout

Low: 3.81
High: 3.81
Reporting: 1
Basis: Annual average spot price

One institution reporting — no consensus is claimed.

2029 Q1 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2029 Q1“2029q1,nat_gas_price_henry_hub,4.18,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	4.18

Readout

Low: 4.18
High: 4.18
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2029 Q2 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2029 Q2“2029q2,nat_gas_price_henry_hub,3.25,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.25

Readout

Low: 3.25
High: 3.25
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2029 Q3 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2029 Q3“2029q3,nat_gas_price_henry_hub,3.57,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.57

Readout

Low: 3.57
High: 3.57
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2029 Q4 · Quarterly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2029 Q4“2029q4,nat_gas_price_henry_hub,3.93,projected” — economic_projections/quarterly_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.93

Readout

Low: 3.93
High: 3.93
Reporting: 1
Basis: Quarterly average spot price

One institution reporting — no consensus is claimed.

2029 full year · Annual average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
CBO	2029 full year“2029,nat_gas_price_henry_hub,3.73,projected” — economic_projections/calendar_2026-02.csv, nat_gas_price_henry_hub · source ↗	2026-02-01	3.73

Readout

Low: 3.73
High: 3.73
Reporting: 1
Basis: Annual average spot price

One institution reporting — no consensus is claimed.

April 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	April 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), April 2027: 2.75589” — Table 2 (2tab), series NGHHUUS, column 202704 · source ↗	2026-08-06	2.75589

Readout

Low: 2.76
High: 2.76
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

August 2026 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	August 2026“NGHHUUS Henry Hub Spot (dollars per million Btu), August 2026: 2.862997” — Table 2 (2tab), series NGHHUUS, column 202608 · source ↗	2026-08-06	2.862997

Readout

Low: 2.86
High: 2.86
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

August 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	August 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), August 2027: 3.2214719999999999” — Table 2 (2tab), series NGHHUUS, column 202708 · source ↗	2026-08-06	3.2214719999999999

Readout

Low: 3.22
High: 3.22
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

December 2026 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	December 2026“NGHHUUS Henry Hub Spot (dollars per million Btu), December 2026: 3.5469400000000002” — Table 2 (2tab), series NGHHUUS, column 202612 · source ↗	2026-08-06	3.5469400000000002

Readout

Low: 3.55
High: 3.55
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

December 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	December 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), December 2027: 4.0468469999999996” — Table 2 (2tab), series NGHHUUS, column 202712 · source ↗	2026-08-06	4.0468469999999996

Readout

Low: 4.05
High: 4.05
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

February 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	February 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), February 2027: 3.6928559999999999” — Table 2 (2tab), series NGHHUUS, column 202702 · source ↗	2026-08-06	3.6928559999999999

Readout

Low: 3.69
High: 3.69
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

January 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	January 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), January 2027: 4.0668980000000001” — Table 2 (2tab), series NGHHUUS, column 202701 · source ↗	2026-08-06	4.0668980000000001

Readout

Low: 4.07
High: 4.07
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

July 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	July 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), July 2027: 3.0865290000000001” — Table 2 (2tab), series NGHHUUS, column 202707 · source ↗	2026-08-06	3.0865290000000001

Readout

Low: 3.09
High: 3.09
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

June 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	June 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), June 2027: 2.8899859999999999” — Table 2 (2tab), series NGHHUUS, column 202706 · source ↗	2026-08-06	2.8899859999999999

Readout

Low: 2.89
High: 2.89
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

March 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	March 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), March 2027: 3.1042770000000002” — Table 2 (2tab), series NGHHUUS, column 202703 · source ↗	2026-08-06	3.1042770000000002

Readout

Low: 3.10
High: 3.10
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

May 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	May 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), May 2027: 2.7299709999999999” — Table 2 (2tab), series NGHHUUS, column 202705 · source ↗	2026-08-06	2.7299709999999999

Readout

Low: 2.73
High: 2.73
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

November 2026 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	November 2026“NGHHUUS Henry Hub Spot (dollars per million Btu), November 2026: 3.0068269999999999” — Table 2 (2tab), series NGHHUUS, column 202611 · source ↗	2026-08-06	3.0068269999999999

Readout

Low: 3.01
High: 3.01
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

November 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	November 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), November 2027: 3.5715690000000002” — Table 2 (2tab), series NGHHUUS, column 202711 · source ↗	2026-08-06	3.5715690000000002

Readout

Low: 3.57
High: 3.57
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

October 2026 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	October 2026“NGHHUUS Henry Hub Spot (dollars per million Btu), October 2026: 2.8725269999999998” — Table 2 (2tab), series NGHHUUS, column 202610 · source ↗	2026-08-06	2.8725269999999998

Readout

Low: 2.87
High: 2.87
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

October 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	October 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), October 2027: 3.283528” — Table 2 (2tab), series NGHHUUS, column 202710 · source ↗	2026-08-06	3.283528

Readout

Low: 3.28
High: 3.28
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

September 2026 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	September 2026“NGHHUUS Henry Hub Spot (dollars per million Btu), September 2026: 2.869615” — Table 2 (2tab), series NGHHUUS, column 202609 · source ↗	2026-08-06	2.869615

Readout

Low: 2.87
High: 2.87
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.

September 2027 · Monthly average spot price

1 institution

Single reported figureUnited States

Institution	Period	Reported	Forecast
EIA	September 2027“NGHHUUS Henry Hub Spot (dollars per million Btu), September 2027: 3.2779859999999998” — Table 2 (2tab), series NGHHUUS, column 202709 · source ↗	2026-08-06	3.2779859999999998

Readout

Low: 3.28
High: 3.28
Reporting: 1
Basis: Monthly average spot price

One institution reporting — no consensus is claimed.