Liquefied natural gas is being exported in such large numbers that U.S. pricing has become dependent on a complex array of foreign factors
The rise of the U.S. as a major exporter of liquefied natural gas has helped balance the domestic market amid surging production. It has also connected the price of gas in Louisiana to the weather in China—a development that is adding pressure on already low U.S. prices.
The U.S. gas market, long isolated from global trade, had relied on domestic supply and demand for the heating and power-generation fuel to set prices.
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