Henry Hub is a natural gas index located in Erath, Louisiana. It serves as a key pricing point for natural gas in North America, where various pipelines converge. The hub allows for the trading of natural gas futures and is essential for determining market prices. The Henry Hub price is widely used as a benchmark for natural gas transactions across the United States. It reflects supply and demand dynamics and influences contracts for both producers and consumers. The hub plays a crucial role in the energy market, impacting everything from utility bills to industrial costs.