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A D.C. appeals court revoked FERC approvals for two LNG export facilities and a pipeline in Cameron County, Texas, finding the permits flawed. Construction nonetheless continued on Highway 48, and the permits must be redone, which could delay the projects by years.
Delays to new US LNG export capacity keep global gas supply tight, supporting energy costs more than grain or oilseed prices.
After 13 past bullish policy events, Natural Gas moved a median -1.7% over 5 sessions (46% higher; middle half -2.4% to +4.5%), and +5.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.