Venture Global shares surge as U.S. LNG prices spike following Qatar's withdrawal from the market, creating an ironic twist for the company's new commercial featuring actor Billy Bob Thornton. The price jump, triggered by the Iran war knocking Qatar—the world's second-largest LNG producer—out of supply, benefits U.S. exporters like Venture Global, which sells a larger portion of its gas on the volatile spot market compared to competitors reliant on long-term contracts. Venture Global sanctioned a Louisiana expansion project this month, betting its ability to ramp up production will stabilize prices and capitalize on the higher spot market returns. This shift underscores the strategic importance of flexibility in LNG export contracts for companies navigating geopolitical disruptions.