US natural gas futures fall about 3% on record output
U.S. natural gas futures dropped about 3% Tuesday, pressured by record output and forecasts for less hot weather over the next two weeks than previously expected as Tropical Storm Edouard approaches Texas and Louisiana Gulf Coasts.
By Scott DiSavinoU.S. natural gas futures fell about 3% on Tuesday on record output and forecasts for less hot weather over the next two weeks than previously expected as Tropical Storm Edouard approaches the Gulf Coasts of Texas and Louisiana.Prices were also depressed by a slight reduction in gas…