About 20% of the world's LNG supply comes from Qatar's Ras Laffan gas facility, which has been attacked—U.S. LNG companies are probably laughing their heads off. The pricing logic for natural gas is shifting. The U.S. controls the marginal supply, so if Qatar runs into issues, the market naturally turns to the U.S. U.S. and Greek LNG shipowners are taking over pricing power and liquidity premiums, while importers like Europe, Japan, and China bear the rising costs. This isn’t about an energy shortage—it’s about the shift in pricing power. And the impact won’t stop at energy itself; it will continue to ripple through: LNG → electricity prices → computing power costs. In the medium term, semiconductor wafer fabs will reconsider where to build new capacity. Because companies care more about power stability and energy security now, not just price. Where’s the most stable LNG supply? Take a guess. #Energy #LNG #Semiconductors