# US Natural Gas Slumps as Texas LNG Plant Shutdown Strands Supplies - Bloomberg

> Freeport LNG said the Texas export terminal may take three months to partially restart, a timeline much longer than market participants had expected. U.S. natural gas prices slumped as the shutdown stranded supplies in the domestic market.

- Date: 2022-06-14 · published 2022-06-14T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/41138-us-natural-gas-slumps-as-texas-lng-plant-shutdown-strands-supplies-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A longer outage keeps about 2 bcf/d of gas in the U.S. market, pressuring Henry Hub prices and easing domestic gas costs for feed producers.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-06-08 | [US Natural Gas Slumps After Fire at Texas LNG Export Terminal - Bloomberg](https://feedsoft.ai/events/41142-us-natural-gas-slumps-after-fire-at-texas-lng-export-terminal-bloomberg.md) | -20.0% | -34.8% |
| NATGAS | 2026-07-10 | [Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance](https://feedsoft.ai/events/8662-natural-gas-prices-sink-as-texas-lng-terminal-closes-for-maintenance.md) | -8.0% | -15.2% |
| NATGAS | 2026-07-09 | [Natural Gas Prices Fall Most Since March on Pipeline, Export, Trading Shifts - Bloomberg](https://feedsoft.ai/events/8659-natural-gas-prices-fall-most-since-march-on-pipeline-export-trading-shifts.md) | -9.8% | -16.6% |
| NATGAS | 2022-06-14 | [Natural-Gas Prices Plunge After Extended Outage at Texas LNG Facility](https://feedsoft.ai/events/6800-natural-gas-prices-plunge-after-extended-outage-at-texas-lng-facility.md) | -23.8% | -24.1% |
| NATGAS | 2026-07-09 | [US Natural Gas Prices Drop To Six Week Low](https://feedsoft.ai/events/8665-us-natural-gas-prices-drop-to-six-week-low.md) | -9.8% | -16.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-06-14/us-natural-gas-plunges-as-texas-lng-plant-may-restart-in-90-days

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.