Peak Month Natural Gas Prices Across U.S. States

Price of Natural Gas Delivered to Residential Consumers (August 2023)

The average price of natural gas for U.S. residential consumers stood at $23.23 per thousand cubic feet (USD/Mcf) during the period from January to November 2023. Notably, the cost exhibited a fluctuation, reaching a minimum of $13.36 USD/Mcf in November and peaking at $23.23 USD/Mcf in August.

In August 2023, there was considerable disparity in natural gas prices across U.S. states. Montana recorded the lowest rate at $14.03 USD/Mcf, while Hawaii reported the highest at $58.43 USD/Mcf. States such as Montana, Alaska, and Idaho experienced the lowest prices, all below $15 USD/Mcf. Conversely, Missouri, Texas, Delaware, Florida, New Hampshire, Oklahoma, West Virginia, Georgia, Ohio, and Hawaii faced the highest prices, exceeding $30 USD/Mcf in August 2023.

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