www.zerohedge.com By Tyler Durden
Update (1551ET):Â European natural gas futures plunged for the fourth consecutive session on expectations that a flotilla of liquefied natural gas (LNG) tankers from the US will resupply the fuel-starved continent.
Bloomberg data shows 20 tankers are headed to Europe, up from 15 on Saturday. Fourteen other tankers are headed towards Europe but have yet to commit and are waiting for final destination orders.
A map of the US-EU shipping lane shows a line of LNG tankers headed for Europe.
