According to Bloomberg, the Freeport LNG export terminal in Texas will be shuttered for at least three weeks, which will impact 20% of all US LNG exports. In the last four months, 75% of all US LNG exports have been sent to Europe.
Take THAT, Putin!!
Yes, we're shipping OUR natural gas to Europe, while my natgas provider is crowding 75 cents a therm.
It was 20 cents a therm last year.
We are all going to be broke by Christmas.
“It was 20 cents a therm last year.”
Maybe in 2020 when demand dropped but that was a temporary low.
https://www.macrotrends.net/2478/natural-gas-prices-historical-chart