$boil $kold 2.3.24 Seriously, how low does natural gas go? N$boil $kold 2.3.24 Seriously, how low does natural gas go? Negative pricing? US natural gas futures fell to $1.83/MMBtu, the lowest level since September 2020 as production is returning to near-record levels after gas wells resumed operations following the severe cold in mid-January. Also, technical problems at Freeport LNG's export plant have restricted gas flow to the nation's LNG export facilities, and record levels are not expected until the plant returns to full power. Furthermore, government data showed US utilities pulled 75 billion cubic feet (bcf) of gas out of storage last week, significantly less than the 217 bcf withdrawn during the same week last year. The report also showed gas in storage remains 10.6% above the seasonal norm. Looking ahead, meteorological forecasts suggest temperatures will remain above average until February 15, before declining to mostly near- to below-normal levels from February 16-23. @ https://tradingeconomics.com/commodity/natural-gas