Technical Analysis

Freeport LNG now says it will restart initial production around year-end

The latest restart means less LNG for Europe and more gas trapped in the USA, though I don’t think a two-week delay is material. At this point, it’s tough to take management seriously because this has been punted forward several times. You start to wonder if there’s a problem with the project’s engineering.

Natural gas spiked on Monday of this week but has slowly given it all back.

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