The data describes the price of European and US natural gas from 1980 through 2016, and provides projections up to 2030. In 2030, the price of natural gas in Europe is expected to reach about 8 constant USD per million British thermal units.
Natural gas prices For millions of years, a combination of decayed plants and animals has been trapped beneath sand, silt and rock. Over time, pressure and heat changed some of this organic material into tiny bubbles of odorless gas. Given the fact that the world’s demand for energy is growing at a rapid pace, natural gas is seen by many as a good alternative to other energy sources.
1980 | 5.5 | 2.1 |
1990 | 2.9 | 1.8 |
2000 | 4.3 | 4.8 |
2010 | 7.3 | 3.9 |
2011 | 8.6 | 3.3 |
2012 | 9.6 | 2.3 |
2013 | 11.1 | 3.5 |
2014 | 10.05 | 4.37 |
2015 | 7.26 | 2.61 |
2016 | 4.56 | 2.49 |
2017 | 5.5 | 3 |
2018 | 5.66 | 3.12 |
2019 | 5.83 | 3.25 |
2020 | 6 | 3.38 |
2025 | 6.93 | 4.11 |
2030 | 8 | 5 |