Demand failure? You must have been comatose for years if the supply wave of Natural Gas hits you by surprise. We could see that coming for quite a while and the market has already made use of as much Natural Gas as it can absorb. If Natural Gas wants to have more demand, it only has to develop new markets. T Boone Pickens did that but sadly, he is no more. The rest of the gas industry has failed at that task so far and if it does not wake up now, their misery is going to get worse. The market is no cake whee you just have your slice. From now on its marketing – like for any other business.
Natural gas futures sank to a four-year low as the latest U.S. forecasts all but eliminated bulls’ hopes for a late-winter cold push.