# Analyst: Surging US Gas to Cap European Prices | Energy Intelligence

> Citigroup strategist Chris Main told a gas conference that European gas is losing its link to crude oil pricing. He said US LNG exports and Henry Hub prices are now influencing European prices. He expects surging US gas supply to cap European prices.

- Date: 2017-05-10 · published 2017-05-10T12:00:00.000Z
- Category: trade · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/71204-analyst-surging-us-gas-to-cap-european-prices-energy-intelligence
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Growing US LNG exports tie European gas prices to Henry Hub, which can cap energy costs and weigh on the gas-linked input complex. The effect is medium because it reshapes a regional pricing structure.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-09-01 | [China's LNG import surge to cool in winter as high prices bite](https://feedsoft.ai/events/45735-china-s-lng-import-surge-to-cool-in-winter-as-high-prices-bite.md) | +9.9% | +28.7% |
| NATGAS | 2019-12-26 | [Energy bills for millions of households to fall after gas prices halve \| Energy industry \| The Guardian](https://feedsoft.ai/events/7849-energy-bills-for-millions-of-households-to-fall-after-gas-prices-halve-energy.md) | -2.6% | -11.2% |
| NATGAS | 2019-02-15 | [European LNG influx plays into Gazprom’s hands this winter](https://feedsoft.ai/events/60782-european-lng-influx-plays-into-gazprom-s-hands-this-winter.md) | +5.3% | +10.8% |
| NATGAS | 2021-12-23 | [European Gas Plunges as Recent Rally Lures Flotilla of U.S. LNG](https://feedsoft.ai/events/43788-european-gas-plunges-as-recent-rally-lures-flotilla-of-u-s-lng.md) | -6.9% | +2.3% |
| NATGAS | 2019-02-27 | [Novatek, Shell see Russian gas keeping edge in Europe over U.S](https://feedsoft.ai/events/60789-novatek-shell-see-russian-gas-keeping-edge-in-europe-over-u-s.md) | +8.3% | -2.0% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d1-de4c-a17b-e7d3d2d30000

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