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#LNG export demand will be critical for balancing the U.S. gas market,needless to say the U.S. economy&foreign policy.Factors affecting utilization at operating terminals and scope& timing of new projects,will surely drive that demand. Energy dominance
Energy interdependence 
https://twitter.com/ira_joseph/status/1298241294804942848
Energy interdependence https://twitter.com/ira_joseph/status/1298241294804942848
Oil prices collapsed, global worldwide gas demand was decimated by #COVID19 lockdowns, and international gas prices plummeted. Price spreads between Henry Hub and the European and Asian gas benchmarks have made U.S. #LNG exports to those markets highly uneconomical. +
@RBNEnergy's recent graphic gives a clear picture. Differentials to Europe’s Dutch TTF (navy blue line) and UK NBP (orange) collapsed from $4-6/MMBtu in 2018 and ≈$2-3/MMBtu in 2019, to about $0.50/MMBtu by April 2020. The spread to Asia’s Japan Korea Marker (JKM; green) fell +
from ≈ $7/MMBtu in 2018 and $3/MMBtu in 2019, to little more than $1/MMBtu to Asia by April 2020. In May, TTF and NBP ≈ $0.25-0.35/MMBtu below Henry for the first time, and JKM averaged just $0.27/MMBtu above Henry (dashed black oval). Uncertainties brought on by the poor +
market conditions due to #Covid_19 are not cleared. Discussions about second wave of lockdowns in Europe and Asia are increasing. This picture shutters the expectations that post-COVID-19 recovery increasing the demand through 2022. #LNG export demand will be critical for +
