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The perfect storm sends natural gas crashing ...News
With inventories set to reach levels never seen before and a serious drop in demand in Asia, natural gas prices could be set to fall even further. If you’re waiting for natural gas prices to recover, you might be in for a considerable wait, as inventories are expected to hover well above their five year average for the remainder of the year, the EIA has forecast, painting a rather sour picture for the industry that has seen investments stifled due to the lower prices. In fact, inventories later this year will reach levels never seen before if forecasts prove accurate. Also on rt.com
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