---
title: US Natural Gas Prices Spike to 14-Year High. Here’s Why. | Titan Energy
description: US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices at the gas pump.
---

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# [US Natural Gas Prices Spike to 14-Year High. Here’s Why. | Titan Energy](https://blog.titanenergyne.com/us-natural-gas-prices-spike-to-14-year-high)

 Written by [Titan Energy](https://blog.titanenergyne.com/author/titan-energy) | August 17, 2022

CNN Business: US Natural Gas Prices Spike to 14-Year High. Here’s Why. (August 17, 2022)

 

US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices at the gas pump.

Natural gas futures surged 7% on Tuesday to close at $9.33 per million British thermal unit (BTU), the highest closing price since August 1, 2008.

Although natural gas futures cooled off a touch on Wednesday, they remain up about 70% just since the end of June. And natural gas is up a staggering 525% since closing at $1.48 in June 2020 when Covid-19 had shut much of the US economy down.  

[Click here to read more.](https://www.cnn.com/2022/08/17/energy/natural-gas-inflation-heat-wave/index.html)

[View full post](https://blog.titanenergyne.com/us-natural-gas-prices-spike-to-14-year-high)

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