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Old 10-21-2021, 06:00 PM   #14
John Mercier
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''Because U.S. LNG exports have grown faster than domestic natural gas production, inventories are lower than average. As of the end of September, EIA estimates that total U.S. natural gas inventories are 5.5% below the five-year (2016–2020) average. EIA forecasts that U.S. inventories of natural gas will begin the winter heating season on November 1 at 3,572 Bcf, or 4.8% below the five-year average. Lower U.S. inventories could contribute to more natural gas price volatility, particularly if any area in the United States experiences a severe cold snap, which makes the price outlook for this winter very uncertain.''

US companies are seeing higher demand for LNG overseas, so their customer base is broader and they can make more exporting.
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