# US Henry Hub spot gas price surges in June | Latest Market News

> Henry Hub spot gas prices rose in June on hot weather, stronger US export demand and low regional inventories. The June Henry Hub index averaged $3.14/mmBtu, up 9% from May and nearly double a year earlier.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46764-us-henry-hub-spot-gas-price-surges-in-june-latest-market-news
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained higher US gas prices lift the cost of nitrogen fertilizer and power for processing, and may shift power generation toward coal.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2228869-us-henry-hub-spot-gas-price-surges-in-june

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.