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re: On Monday, U.S. Natural Gas Prices hit Highest Mark since 2022
Posted on 1/27/26 at 1:44 pm to ragincajun03
Posted on 1/27/26 at 1:44 pm to ragincajun03
When will Trump halt LNG exports?
Posted on 1/27/26 at 1:47 pm to UltimaParadox
quote:
So would you expect prices to continue to rise in the coming year?
Outside of this weather related spike, yes.
LNG prices are poised to skyrocket. Maybe not back to early 2000's levels but +$6/MMSCFD is not.out of the question.
Posted on 1/27/26 at 2:39 pm to fightin tigers
quote:
Outside of this weather related spike, yes.
LNG prices are poised to skyrocket. Maybe not back to early 2000's levels but +$6/MMSCFD is not.out of the question.
I am only loosely familiar with the subject, but understood it was a byproduct of fracking.
Assuming decline in this area will send prices higher? If not what is driving the price increase? Lack of supply from some other event?
Posted on 1/27/26 at 2:56 pm to ragincajun03
quote:
Power outages are estimated to cost the U.S. about $44 billion per year
Still less than Minnesota fraud
Posted on 1/27/26 at 3:05 pm to BabyTac
quote:
Nobody will change anything. They’ll just bitch while continuing to drive their $80,000 vehicles as much as they want.
You mean like a Tesla truck?
Posted on 1/27/26 at 3:12 pm to UltimaParadox
quote:
Assuming decline in this area will send prices higher? If not what is driving the price increase? Lack of supply from some other event?
We had someone sign a bunch of tariff agreements to force LNG out of the US market into Europe. We built a bunch of LNG facilities to export this gas. Fracking will be at risk of shutting in wells and reducing production with market factors.
Now whether the agreements override normal market conditions remains to be seen.
Europe winter and these storms are certainly living up to the projections. Also gas plants being brought online for data centers will play their part in consumption.
This post was edited on 1/27/26 at 3:14 pm
Posted on 1/27/26 at 3:19 pm to ShaneTheLegLechler
quote:
Americans have zero concept how cheap their energy, particularly natural gas, is and has been for quite a while compared to the rest of the world
Exactly why all the billion dollar LNG plants keep popping up. Keep exporting our NG and raise prices for Americans.
Posted on 1/27/26 at 3:26 pm to Sgt_Lincoln_Osiris
quote:
Keep exporting our NG and raise prices for Americans.
Sure…BUT, the Big Butt, exporting our NG is part of the puzzle of how we became “Energy Independent”. That thing that politicians bring up.
We’re not truly energy independent in the real sense of what that would mean, but the adopted definition is that we exported more total petroleum product than we imported. So if we stop exporting our natural gas…that could jeopardize the talking point of us being “energy independent”.
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