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The CFTC has released a report assessing how expanding LNG trade affects markets. It says the U.S. became a net LNG exporter in 2016, with export capacity of about 10 Bcf/d, and that growing exports could put upward pressure on U.S. gas prices.
Expanding U.S. LNG exports tie domestic gas prices more closely to global markets, which could raise domestic natural gas costs and the input costs of fertilizer and energy for feed producers.
hedgeweek.comMay 18, 2018After 74 past bullish report events, NATGAS moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% 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.
