# Natural Gas Nears $2 Amid Work on Largest U.S. Export Terminal - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> Natural gas futures slid toward $2 per MMBtu, a level not breached in three years, as planned maintenance at Cheniere's Sabine Pass LNG terminal cut flows by 36%. Shale output keeps the market oversupplied despite record exports.

- Date: 2019-08-06 · published 2019-08-06T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/57755-natural-gas-nears-2-amid-work-on-largest-u-s-export-terminal-energy-news-top
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower gas prices reduce fertilizer and energy input costs, and the LNG outage shows how export logistics can shift domestic supply and price.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2018-03-09 | [Global Gas Markets Ease as Traders Handle Papua Outage; Winter Demand Drops - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/66179-global-gas-markets-ease-as-traders-handle-papua-outage-winter-demand-drops.md) | -3.1% | -0.8% |
| 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 | 2022-06-14 | [News of lengthy Freeport LNG terminal outage hits NYMEX gas futures](https://feedsoft.ai/events/6798-news-of-lengthy-freeport-lng-terminal-outage-hits-nymex-gas-futures.md) | -23.8% | -24.1% |
| 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

- energynow.com: https://energynow.com/2019/08/natural-gas-nears-2-amid-work-on-largest-u-s-export-terminal/

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