Natural Gas Prices will stay high unless ...

[dan_s]

there is a SIGNIFICANT decline in LNG exports from the U.S. to Europe, which is unlikely to happen.

"Reuters' John Kemp noted in a recent column that U.S. natural gas inventories ended the winter of 2021-2022 at a three-year low of 1.382 trillion cubic feet. Working stocks, he also reported, were 19 percent below the pre-pandemic five-year average for the start of April. And all that was because of higher exports." - OilPrice. com April 14, 2022

Read more: https://oilprice.com/Energy/Energy-Gene ... -Boom.html

Conclusion:
"In all likelihood, therefore, we will be seeing more LNG export capacity coming on stream in the United States over the next few years. The problem is that during these years, prices for the commodity may remain higher than comfortable at home as demand from abroad runs high production tries to catch up with it. In other words, we may well see a repeat of the higher-for-longer scenario we are already seeing in crude oil." - By Irina Slav for Oilprice.com

I used to write articles for OilPrice.com. Irina Slav is super sharp.