Natural Gas in Abundance: The Price of Plenty The recent slide in natural gas prices might seem counterintuitive given the sweltering heat forecasted for much of the US this fall and winter.
However, beneath the surface lies a more nuanced story – one that reveals the complexities of supply and demand in an era of abundance.
One key factor driving down nat gas prices is the sheer volume of domestic supplies available in the US. As of August 28, inventories were a staggering 5. 2% above their five year seasonal average.