# US Natural Gas Slumps After Fire at Texas LNG Export Terminal - Bloomberg

> U.S. natural gas prices tumbled after a fire at Freeport LNG's Texas export terminal shut the facility. The company said the plant would stay closed for at least three weeks, and no injuries were reported.

- Date: 2022-06-08 · published 2022-06-08T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/41142-us-natural-gas-slumps-after-fire-at-texas-lng-export-terminal-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The shutdown strands about 2 bcf/d of gas in the U.S. market, pressuring domestic gas prices while reducing global LNG supply.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-06-14 | [US Natural Gas Slumps as Texas LNG Plant Shutdown Strands Supplies - Bloomberg](https://feedsoft.ai/events/41138-us-natural-gas-slumps-as-texas-lng-plant-shutdown-strands-supplies-bloomberg.md) | -23.8% | -24.1% |
| 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 | 2026-07-10 | [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 | 2022-06-15 | [Natural gas forecast: LNG terminal outage pressures US prices, bolsters EU prices \| IG Bank Switzerland](https://feedsoft.ai/events/6803-natural-gas-forecast-lng-terminal-outage-pressures-us-prices-bolsters-eu-prices.md) | -8.4% | -9.2% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-06-08/us-natural-gas-prices-plunge-after-fire-at-texas-lng-terminal

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