EIA: Strong LNG exports and higher consumption to push prices higher

June 10, 2021

European prices have shown similar trends

Steady growth in liquefied natural gas exports and rising gas consumption outside the power sector are two reasons U.S. natural gas prices are expected to rise abruptly in 2021 from last year, according to recent forecasts from the U.S. Energy Information Administration (EIA).

In its recent Short-Term Energy Outlook, the…

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