Take Your Trading To The Next Level. Get Started Here!

US natural gas production hits 9-month high as NYMEX futures rally falters

September 7, 2022 Comments Off

US natural gas production is on a tear this month, trending at its highest since late 2021, as steady gains in drilling activity this year begin boosting domestic supply in a potentially chilling turn for gas prices. So far in September, domestic production averaged over 96.6 Bcf/d as output neared record highs not seen since late December 2021, data compiled…