Soaring U.S. LNG exports have made natural gas a global commodity and the United States vulnerable to global price volatility. As American exports of liquefied natural gas are set to grow further this decade, the once-isolated U.S. natural gas prices will become increasingly linked to the pace of LNG exports and global supply and demand. As Europe has been scrambling to replace Russian pipeline gas supply since Russia’s invasion of Ukraine, growing volumes of U.S. LNG are making their way to Europe instead of Asia. Exporters are…
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