U.S. Natural Gas Prices Continue to Struggle Despite Rising Output.

Natural gas prices in the United States have fallen to a 30-month low due to milder-than-expected winter weather, leading to a surplus of gas in storage. Despite some producers reducing drilling, the rise in gas from oil wells suggests that output is likely to continue growing. Analysts suggest that the price still needs to be higher to discourage output gains. The mild winter weather and diminishing LNG export options have led to falling U.S. consumption, which may put further pressure on gas prices in the coming months.