With restart delayed, prices now drop? I am not following.
it appears as though exporting our natural gas to Europe raises the domestic natural gas prices for American peasants.
A tax, if you will, to support stupid decisions made by the child-leaders of the EuroPeeing Union.
Good news for me because I have a gas contract renewal in October with an early cancellation penalty so I can't find a new supplier until then. Hopefully it will still be a few cents lower then.
There is a supply glut in the USA, while export is choked off. That terminal was 20% of America’s total capacity to load ships for export.
Once they are exporting that volume again, domestic supply won’t be as overfull.
There is a huge discrepancy between US prices, and International spot prices. When producers can physically get their product exported, they can get much higher prices for it.