Monday, December 23, 2024

Natural Gas Falls to 16-Year Low on Healthy Supply

Story by The Wall Street Journal Natural gas slid to a fresh 16-year low on Thursday as traders increasingly fear warm weather and heavy stockpiles are leading to a glut that will last deep into next year. Heating demand has been so limited, but production is still going so strong that stockpiles last week—usually solidly into winter heating season—fell by