# Why a tightening US natural gas system could put the squeeze on LNG

> S&P Global analyst Gary Hornby argues the US natural gas system is tightening, with 2016 output falling for the first time since 2005 while demand from power generation, Mexico pipeline exports and LNG rises. Weather-sensitive demand could create regional or national imbalances.

- Date: 2017-04-28 · published 2017-04-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/71662-why-a-tightening-us-natural-gas-system-could-put-the-squeeze-on-lng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A tighter US gas balance would lift Henry Hub, which sets the floor for US LNG export pricing and therefore European and Asian gas prices. Feed-relevant impact is indirect, via natural gas costs for fertilizer and ethanol plants.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-04-12 | [Higher Natural Gas Prices Are On The Horizon \| OilPrice.com](https://feedsoft.ai/events/12201-higher-natural-gas-prices-are-on-the-horizon-oilprice-com.md) | -0.3% | +2.6% |
| NATGAS | 2025-11-14 | [Cheniere sees US LNG plants using 40 bcf of natural gas per day in coming years \| Reuters](https://feedsoft.ai/events/22127-cheniere-sees-us-lng-plants-using-40-bcf-of-natural-gas-per-day-in-coming-years.md) | +3.1% | +0.0% |
| NATGAS | 2024-11-21 | [US natural gas drillers to lift 2025 output, reversing year of cuts](https://feedsoft.ai/events/27590-us-natural-gas-drillers-to-lift-2025-output-reversing-year-of-cuts.md) | +21.1% | +23.5% |
| NATGAS | 2026-05-29 | [Natural Gas: Summer Heatwaves May Deepen the Global LNG Crunch \| Investing.com](https://feedsoft.ai/events/19438-natural-gas-summer-heatwaves-may-deepen-the-global-lng-crunch-investing-com.md) | +1.4% | +2.7% |
| NATGAS | 2021-11-01 | [Q&A \| The Role of Liquefied Natural Gas in the US Gas Market - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/44235-q-and-a-the-role-of-liquefied-natural-gas-in-the-us-gas-market-center-on-global.md) | +1.0% | -10.6% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/natural-gas/042817-why-a-tightening-us-natural-gas-system-could-put-the-squeeze-on-lng

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