Bearish factors have driven down natural gas futures by 61% since last August. Some factors include the delayed restart of the Freeport LNG export facility and a mild winter. Last week, NatGas for February delivery hit an 18-month low of around $3.57/MMBtu and even lower to $3.47/MMBtu on Wednesday. Prices are clawing back some of the losses on Thursday, with Natgas prices up 4% to $3.
81. One bit of good news that crossed the wires yesterday evening was the damaged Freeport plant on the Texas gulf coast "has likely drawn power from…The Bullish Case For Natural Gas Futures
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