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2019-08-12 13:20:00

U.S. GAS DEMAND UP

U.S. GAS DEMAND UP

REUTERS - U.S. natural gas demand is at an all-time high and expected to keep rising - and yet, prices are falling.

U.S. gas futures this week collapsed to a three-year low, while spot prices were on track to post their weakest summer in over 20 years. In other markets, such lackluster pricing would cause investment to retrench and supply to contract.

But gas production is at a record high and expected to keep growing. Demand is rising as power generators shut coal plants and…

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Earlier:

U.S. GAS DEMAND UP
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Tags: USA, GAS, DEMAND
Chronicle:
U.S. GAS DEMAND UP
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