# Natural Gas Prices Blunted By LNG Demand Loss But Fundamentals Remain Tight

> HFI Research says the loss of about 2 Bcf/d of Freeport LNG exports on June 14, 2022 caused a severe US natural gas sell-off, though fundamentals remain tight. It expects a continued deficit and a slower grind higher, with summer power burn demand potentially offsetting the lost LNG demand.

- Date: 2022-06-14 · published 2022-06-14T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/6805-natural-gas-prices-blunted-by-lng-demand-loss-but-fundamentals-remain-tight
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The lost LNG export demand weakens the link between US and international gas prices in the near term, although tight supply and strong summer cooling demand could limit the downside.

## Read by commodity

- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| NATGAS | 2022-06-21 | 5 | -23.8% | -3.0 | Loss of about 2 Bcf/d of LNG export demand triggered a severe US sell-off, though tight fundamentals limit the downside. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-10 | [Natural Gas Futures Break Below $3 as LNG Feedgas, Utility Demand Retreat](https://feedsoft.ai/events/8663-natural-gas-futures-break-below-3-as-lng-feedgas-utility-demand-retreat.md) | -8.0% | -15.2% |
| 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% |
| 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 | 2019-02-08 | [US LNG exports affected by Gulf Coast fog as milder weather moderates natural gas prices](https://feedsoft.ai/events/60785-us-lng-exports-affected-by-gulf-coast-fog-as-milder-weather-moderates-natural.md) | +0.2% | +11.5% |

## Sources

- hfir.com: https://www.hfir.com/p/natural-gas-prices-blunted-by-lng

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