Despite U.S. natural gas demand reaching an all-time high, and expected to keep rising, prices are falling, according to Hellenic Shipping News.
Last week, U.S. gas futures collapsed to a three-year low, while spot prices were on track to post their weakest summer in over 20 years. Simultaneously, demand is is rising.
Incidentally, so is gas production is at an all-time high and expected to keep growing. Analysts believe the natural gas market is not trading on demand fundamentals because supply growth continues to outpace increasing consumption.
Learn more: Hellenic Shipping News > U.S. natural gas demand is at record — and prices keep dropping
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