Why are US natural gas prices lower than international gas prices?

The U.S. Henry Hub natural gas benchmark and U.S. LNG spot market prices have been lower than international natural gas and LNG spot prices this year, which has supported record-high volumes of U.S. LNG exports. U.S. LNG exports also increased because of new export capacity added in 2020.

Why are LNG prices so high?

The culprit behind these price spikes is clear: Every new LNG export terminal built means more gas can sent overseas by oil and gas companies seeking the highest bidder, regardless of what that costs U.S. consumers. The Arctic Discoverer liquefied natural gas (LNG) tanker, operated by K Line LNG Shipping UK Ltd., ... [+]

Will increased LNG exports affect natural gas prices?

A key factor under consideration is the effect that increased exports will have on domestic natural gas prices. This commentary examines this issue and how new factors might influence the DOE’s study. LNG exports represent a large and growing source of demand for U.S. natural gas supplies.