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A Bloomberg analysis projects that American gas prices could roughly double by 2040 as US LNG exports grow. It also says consumers should be partly shielded because production is rising and trade balances are improving.
The forecast gives a long-range view rather than a near-term event.
Expectations of higher long-run US gas prices from export growth can support energy input costs for feed mills and ethanol plants over time. The effect on near-term grain or feed prices is small.
bloomberg.comRachel Adams-HeardJun 12, 2018After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.
