Natural Gas Prices Dropped As Production Continues To Surge

Natural gas trading range for the day is 154-163.4.

Natural gas prices dropped as production continues to surge while storage starts to fill.

However, downside seen limited on continuously rising U.S. natural gas demand and near-record gas-powered demand in the summer heat waves.

U.S. natural gas production continued to increase in August and set a new daily production record of 92.1 Bcfd.

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