U.S. Natural Gas Market Becomes a Global LNG Force

After years of being more or less isolated from the rest of the world, U.S. benchmark natural gas prices are becoming an influential force in shaping the structure of many contracts on the global LNG market.  The price at Henry Hub in the United States will give increasingly important price signals to the regional LNG and natural gas prices in Asia and Europe due to the sheer scale of rising U.S. LNG exports and the growing share of American LNG in the imports of buyers in Europe and Asia.   The U.S. benchmark natural gas…