From Sober Look:
How low can natural gas prices fall? The commodity is now down almost 60% from the beginning of this year.
This has to be the bottom, right? Maybe not so fast. From the FT: "A 2006 gas glut in the UK briefly pushed wholesale prices there below zero." How's that possible? It is possible when you have too much supply and not enough storage.
The chart below shows just how steep the natural gas futures curve has become.
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More perspectives on natural gas:
The No. 1 reason natural gas will plummet
This left-for-dead commodity could rally soon
Insider discusses how the natural gas ETF distorts the market