Global LNG Prices Now the Dog, U.S. NatGas Prices the Wagged Tail?

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Traditionally the United States has largely been insulated from conditions (and prices) in other parts of the world that affects prices in our own domestic natural gas markets. At least that's been the case since the miracle of fracking took off and changed energy dynamics roughly 15 years ago. Once upon a time the U.S. had to import natural gas to meet all of our needs. Then shale happened, and now we export our gas to other countries (we have so much of it!). However, once again the U.S. appears to increasingly be part of a global dynamic whereby events in other parts of the world DO affect our natural gas prices. At least, that's the view we're beginning to read. LNG is fingered as the reason for it.

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