Charting the Natural Gas Divide

An Axios chart shows how far natural gas prices from different regions have drifted apart in 2026, climbing as high as $25.24 per MMBtu in Europe and $21.22 in Northeast Asia, compared with $2.93 in the U.S. in September. The U.S. produces abundant natural gas, and midstream gathering lines, processing plants, pipelines, and storage move it to the homes, power plants, farms, and manufacturers that use it. It’s a reminder that reliable, affordable energy depends on infrastructure most people never see.