Explainer: Why US Natural Gas Prices Have Soared
There are four things to take into consideration.
Robert Rapier | Editor, OilPrice.com | October 3, 2022 Full story
- Natural gas exports are growing rapidly.
- The LNG market is being influenced by soaring prices in Europe.
- Strong natural gas demand has pulled natural gas inventories to a relatively low level.
- Fear often causes the oil and gas markets to overshoot.
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