US natural gas slides below $3 for first time in 19 months (NYSEARCA:UNG)

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US natural gas futures fell below $3 for the first time since May 2021, trading as low as $2.992/MMBtu Wednesday before the front-month February contract (NG1:COM) settled at a new 52-week low, -5.8% to $3.067/MMBtu.

Since fears

straga/iStock via Getty Images US natural gas futures fell below $3 for the first time since May 2021, trading as low as $2.992/MMBtu Wednesday before the front-month February contract (NG1:COM) settled at a new 52-week low, -5.8% to $3.067/MMBtu. Since fears that suppliers couldn’t meet wintertime demand pushed US natgas prices to a 14-year high…

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