The development of the US LNG Price since the Iran operation dramatically diverges from its international counterparts (since Feb 28: US -9%, Asia +51%, Europe +35%, acc to https://www.eia.gov/todayinenergy/detail.php?id=67604).
The US price is naturally relying on domestically produced gas, which has also been increased in production rate, and is mostly influenced by local weather conditions, since export is restricted. Nonetheless, exports have also increased and currently work at 95% capacity, and through the opening of an additional terminal that first shipped 22 April, more LNG can be exported.
The weather outlook for the US seems pretty chilling with some 30 degrees drop to be expected (https://www.yahoo.com/news/articles/winter-storm-outlook-midwest-northeast-182108973.html).
Taking together the relatively low valuation in comparison to international standards, increasing exports and unexpectedly cold weather conditions - (how) would you (not) consider the current US LNG price undervalued, or am I missing something?