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> while at the same time peddling their own gas at a much higher price. The US is not a monolith. The price of US-produced natural gas is not negotiated, contr
by credit_guy 5y ago
> while at the same time peddling their own gas at a much higher price.
The US is not a monolith. The price of US-produced natural gas is not negotiated, controlled, or manipulated by the US Government. Natural gas is extracted by private companies, hundreds of them, some in the US, many outside the US (for example Quatar).
And when you are saying "much higher price", do you have any numbers to back that up? I just googled a bit, and it seems to me the futures for LNG with delivery on the Gulf Coast are much lower than the nat gas price in Europe.