Natural gas is the world's swing fuel, priced on six regional benchmarks whose gaps reveal who controls supply and who bears the risk.
The United States became the world's largest LNG exporter in 2023, shipping chilled natural gas from nine Gulf Coast and Atlantic terminals to Europe, Asia, and beyond.
full dossier ›The US natural gas spot-price benchmark near Erath, Louisiana, where 13 pipelines converge and the world's most-traded gas futures contract settles.
EIA nudges its 2026 Henry Hub forecast up to $3.60 even as associated-gas growth keeps prices flat against all-time LNG feedgas demand
A heads-of-agreement for the Zululand terminal targets the 'gas cliff' as Mozambique's Pande-Temane fields decline toward 2030
The QatarEnergy-ExxonMobil terminal finally exports after a contractor bankruptcy, adding 2 Bcf/d to record US capacity