Massive Increases in U.S Natural Gas Exports are Driving Up U.S. Energy Prices

It is good to see at least one energy finance analyst at the Institute for Energy Economics and Financial Analysis, speaking commonsense.  In an article by Clark Williams-Derry for Barron Magazine [SEE HERE], the author accurately outlines how significant U.S. Liquified Natural Gas (LNG) exports are driving up prices for American consumers.

The author accurately refutes the notion that exports do not drive-up domestic prices, by walking through the example of how natural gas prices dropped for U.S. consumers when the liquefied natural gas plant in Quintana, Texas [Freeport LNG] was temporarily shut down, blocking a portion of the export capacity.  However, that facility is about to come back on-line and with increased exports from other facilities domestic U.S. prices have already doubled.

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