Based on your charts, I assume you disagree with this article? Also, Europe would love to get off Russian LNG.
My charts show the price claims of the article have truly changed that quickly.
I don't pretend I can predict future prices, too many factors can quickly change prices back the other way.
Cove point is desperately trying to get the permits needed to Export LNG. Building has started while they fight the legal battle. Up the coast BG&E has an LNG export site.
Let me say this, we have to be about $5/mmbtu cheaper in our Nat Gas Domestic price to ship out LNG. If the price differential remains that or less, it will be a losing business to export LNG.
‘Also, Europe would love to get off Russian LNG.’
???? Russia transports gas to Europe via pipeline, not LNG.