Natural Gas Prices Dip Amid Record U.S. Production
Lower prices follow EIA report indicating peak output in July.
Business & Markets • 2 hours ago
Natural gas futures fell below $3 per million British thermal units following the Energy Information Administration's (EIA) report of record-high U.S. natural gas production in July. The EIA data indicates that the United States produced an unprecedented amount of natural gas during the month, contributing to the downward pressure on prices.