The arrival of colder weather and shorter days means Americans are using more energy to keep their homes and businesses warm and power on. This seasonal consumption of energy, combined with skyrocketing domestic demand driven by AI and disruptions in global production, is leading to natural gas price increases everywhere. Critics of oil and gas have been quick to blame American LNG exports for the rise in prices, yet evidence clearly shows that LNG exports are helping lower global natural gas prices, strengthen our domestic economy, and deliver energy security.

The United States’ Shale Revolution, and its resulting oil and gas boom, have played a key role in keeping global natural gas prices low by injecting an abundant supply of oil and natural gas into the global marketplace, ensuring energy demand is being met.

When the U.S. took the top LNG exporter title in 2023 and 2024, Henry Hub pricing was averaging $2.57 per MMBtu and $2.18 MMBtu respectively, well below the 2010-2015 average of $3.64 per MMBtu when the U.S. was exporting 99% less. In fact, America’s reign as the top LNG exporter has cushioned the market from the reduction in Russian and Iranian gas supplies as the regions faced geopolitical conflict and sanctions. U.S. LNG, during that time, served as a lifeline for our allies in Europe, reaffirming our nation’s role as a global energy leader.

As of early November 2025, Henry Hub pricing averaged $3.43 per MMBtu, a 44% increase from 2024’s $2.19 per MMBtu average. Yet the drivers behind this rise remain clear – growing domestic natural gas use for electric power generation amid a data center and electrification boom, a colder autumn season, and global weather disruptions impacting oil and gas production in China, India and the U.S.

Research also points to inadequate pipeline infrastructure and bottlenecking as the cause of price volatility according to an S&P analysis that concluded expanding gas pipeline capacity could save consumers up to $76 billion nationwide by 2040, demonstrating the importance of adequate infrastructure capacity in stabilizing natural gas prices.

Still, 2025 pricing remains remarkably lower than the historic highs seen in 2008 ($11.09 MMBtu) and 2005 ($13.42 MMBtu) when the U.S. faced weak domestic production and extreme weather disruptions in the Gulf.

Independent research and federal energy experts have also confirmed that American LNG exports are not the cause of domestic price increases. Rather, exports encourage domestic energy production which strengthens our economy by making manufacturing and business operations affordable and supporting millions of jobs nationally — hundreds of thousands of which are in the Texas and Gulf Coast region — while also providing responsibly-sourced energy to our allies.

With winter’s arrival, Americans can rest comfortably knowing that LNG exports operate under rigorous federal review processes designed to ensure that American consumers come first. Texas producers and operators are committed to working this winter to ensure critical energy supplies remain abundant at home and abroad with our allies, reinforcing American leadership globally.