# US Henry Hub natural gas spot prices hit record lows | Hydrocarbon Engineering

> Henry Hub spot gas averaged US$1.81/mmBtu in the first half of 2020, with June hitting US$1.63, the lowest real monthly price since at least 1989. Mild winter weather, high storage and LNG export declines drove the slide.

- Date: 2020-07-14 · published 2020-07-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52293-us-henry-hub-natural-gas-spot-prices-hit-record-lows-hydrocarbon-engineering
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Persistently low US natural gas prices cut energy costs for ethanol and feed processors and reduce the fuel-switching pressure on grain demand.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-11-09 | [US EIA lowers Q4 Henry Hub spot gas price, expects winter volatility](https://feedsoft.ai/events/44234-us-eia-lowers-q4-henry-hub-spot-gas-price-expects-winter-volatility.md) | -10.7% | -33.3% |
| NATGAS | 2020-01-06 | [Europe dominates LNG import story in 2019 \| Hydrocarbon Engineering](https://feedsoft.ai/events/55276-europe-dominates-lng-import-story-in-2019-hydrocarbon-engineering.md) | +1.4% | -11.2% |
| NATGAS | 2023-03-09 | [EIA Further Slashes Henry Hub Natural Gas Forecast After Record-Warmth in January, February](https://feedsoft.ai/events/37038-eia-further-slashes-henry-hub-natural-gas-forecast-after-record-warmth-in.md) | -3.2% | -14.4% |
| NATGAS | 2019-07-01 | [U.S. Henry Hub natgas prices for June fall to lowest in 20 years \| BOE Report](https://feedsoft.ai/events/58276-u-s-henry-hub-natgas-prices-for-june-fall-to-lowest-in-20-years-boe-report.md) | +1.4% | -7.5% |
| NATGAS | 2024-04-26 | [Weekly Natural Gas Cash Spot Prices Move Higher as Futures Stumble](https://feedsoft.ai/events/9866-weekly-natural-gas-cash-spot-prices-move-higher-as-futures-stumble.md) | +18.9% | +71.3% |

## Sources

- hydrocarbonengineering.com: https://www.hydrocarbonengineering.com/gas-processing/14072020/us-henry-hub-natural-gas-spot-prices-hit-record-lows/

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