OK, really how is no one following what is happening in natural gas?
What's going on right now with natural gas is simply unbelievable. It has fallen more than 70% in a mere 5 months from its high of $10.03 on Aug 23, 2022. It is now in its 6th straight consecutive down week. What in heaven's name declines for 6 straight weeks? It is an absolute bloodbath in Natural Gas these days.
So what is happening? This is getting beyond simple supply and demand. At this rate natural gas will be free in a couple of more months or less. There has to be a bottom in here soon because at this rate natural gas drillers will have to shut down.
There was some smart guy on TeeVee that said if doesn't hold in his box(3.3-2.8) or so, it's going back to $1.