Natural gas prices plunge on prolonged outage at Texas export facility

Published: June 16, 2022, 9 a.m.

Natural gas prices plummeted in the United States but surged higher in Europe, after a major liquefied natural gas exporter in Texas said its plant will be offline through much of the remainder of the year. POLITICO\u2019s Ben Lefebvre explains what happened in the natural gas markets this week and what this means for the United States as an LNG exporter.