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The Trump administration is pushing to expand US natural gas exports, but the expansion faces a market glut. Domestic manufacturers have long opposed exports out of fear of higher domestic gas prices.
The Obama administration had moved cautiously on export terminal approvals before accelerating them in its second term.
Policy that expands LNG export capacity could tighten the domestic gas balance, while the glut limits near-term price support. Feed costs tied to gas-based fertilizer and energy could be affected.
nytimes.comMay 1, 2017After 13 past neutral policy events, Natural Gas moved a median -1.3% over 5 sessions (46% higher; middle half -4.9% to +2.7%), 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.
