Natural gas prices plunge on prolonged outage at Texas export facility

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’s Ben Lefebvre explains what happened in the natural gas markets this week and what this means for the United States as an LNG exporter. Josh Siegel is an energy reporter for POLITICO. Ben Lefebvre is an energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.