Natural gas prices in Texas plunge deep into negative territory and producers are burning it off, while the rest of the world braces for shortages
Corroborated by 2 sources from 2 publishers
usgeneral1d ago
TL;DR
According to finance.yahoo.com, natural gas prices in Texas plunge deep into negative territory and producers are burning it off, while the rest of the world braces for shortages A quirk in global energy markets has created a stark geographic divide between the haves and the have nots, as a glut of natural gas in West Texas has produced negative prices while shortages loom over Europe and Asia amid the U.S.