Single Biggest Reason Why NatGas Prices High/Staying High? LNG
According to the experts at RBN Energy, U.S. LNG feedgas demand "has been the single biggest factor behind the soaring natural gas prices and storage shortfall this year." Feedgas is the gas that feeds LNG export facilities. Two more LNG facilities are due to begin operation in the first half of 2022, both of which have the potential to use Marcellus/Utica molecules. RBN does a deep dive into how LNG export facilities ramp up and when even more feedgas demand will increase.
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