Natural Gas Prices Fall as Bears Pile on the Trade

From tastylive.com

Natural gas futures (/NGF4) fell nearly 1%, or 0.025 per one million British thermal units (mmBtu), to trade at 2.993 mmBtu Tuesday afternoon. The drop comes despite a colder weather outlook in the U.S. weather outlook, having added heating days over the next several weeks. Inventory levels keep prices low even as weather gets colder One reason the shift in weather forecasting isn’t causing prices to go higher, which would usually be the case at this time of year, is that U.S. inventory levels are sitting at healthy levels. According to the Energy Information Administration (EIA), inventory rose 60 billion cubic ... (full story)