This is a computer translation of the original webpage. It is provided for general information only and should not be regarded as complete nor accurate. Close Disclaimer
U.S. Energy Information Administration logo
Skip to sub-navigation
This page has no sub-navigation. Skip to page content.

Posted June 4, 2024 Today in Energy ›

U.S. natural gas prices calmed after a volatile 2022

As average prices of U.S. natural gas fell in 2023, natural gas prices also became less volatile compared with 2022. Historical volatility, a measure of daily price changes relative to average prices, eased from the recent highs reached in 2022. The measure of historical volatility we use here, which relates short-term price movements to average prices over a defined period, reached 171% for U.S. wholesale natural gas in February 2022, the most volatile since at least 1994. This 30-day historical volatility of U.S. natural gas prices is based on the U.S. benchmark Henry Hub front-month futures price. It averaged 69% in 2023 compared with 91% across all of 2022. More

natural gas 30-day historical price volatility

Data source: Bloomberg L.P.

Data Highlights

WTI crude oil futures price

6/3/2024: NA/barrel

NA from week earlier
NA from year earlier

Natural gas futures price

6/3/2024: NA/MMBtu

NA from week earlier
NA from year earlier

Retail gasoline price

6/3/2024: $3.516/gal

down$0.061 from week earlier
down$0.025 from year earlier

Retail diesel price

6/3/2024: $3.726/gal

down$0.032 from week earlier
down$0.071 from year earlier

Weekly coal production

5/25/2024: 8.407 million tons

down0.047 million tons from week earlier
down2.411 million tons from year earlier