Sliding oil prices have been hurting natural gas. Will the ongoing oil-price rout cause further damage to master-limited partnerships that focus on natural gas? MLPs have already gotten clobbered in recent months as the price of oil has plunged, but analysts have been quick to note that MLP performance isn’t necessarily directly correlated with oil-price trends, and that many MLPs should hold up pretty well , particularly if they’re focused on non-oil energy sources like liquefied natural gas. But Reuters reports today that the oil-price drop has claimed its first LNG-project casualty, saying Excelerate Energy’s plan for an offshore Texas liquefied natural gas terminal has been put on hold. Oleg Vukmanovic reports for Reuters: A halving in the oil price since June has upended assumptions by developers that cheap U.S. LNG would muscle into high-value Asian energy markets, which relied on oil prices staying high to make the U.S. supply […]