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US Natural Gas Prices Drop to Lowest Levels in 18 Years

Natural gas prices reached the lowest levels since 1998 on March 1, with spot Henry Hub prices falling to $1.57. The Henry Hub is a gas distribution facility which is widely quoted for U.S. prices because it connects nine interstate and four intrastate pipelines. Crude oil prices are dominating media coverage, but history is being made in the natural gas sector. For some context, natural gas markets are regional, so not every country experiences low prices in the way that oil-producing...

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