Reply To: Into The Vortex – EIA Reports Natural Gas Storage Rose 92 Bcf, 323 Bcf Below Five Year Average


US natural gas futures crashed almost 20% to under $7/MMBtu for the first time since early May after #FreeportLNG said it doesn’t expect the terminal to return to entire plant operations until late 2022, with partial operations resuming perhaps in three months. Freeport receives about 2 billion cubic feet of gas per day or roughly 16% of US LNG export capacity.