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U.S. natgas plunge 17% as Freeport LNG outage leaves more fuel for storage

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U.S. natgas plunge 17% as Freeport LNG outage leaves more fuel for storage

U.S. natural gas futures plunged about 17% on Thursday to a three-month low as the shutdown of Freeport LNG's liquefied natural gas (LNG) export plant in Texas allowed utilities to stockpile more fuel than expected even as hotter weather had generators burning more gas to keep air conditioners humming.

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U.S. natgas plunge 17% as Freeport LNG outage leaves more fuel for storage

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U.S. natgas plunge 17% as Freeport LNG outage leaves more fuel for storage

Rate This Post

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