Hedge Funds' Bearish Gas Bets Pay Off With Slide to 17-Year Low

  • Gas futures settled on Feb. 25 at lowest since March, 19, 1999
  • Stockpiles of the heating fuel are at a seasonal record

For more than a year, hedge funds have held a bearish position in U.S. natural gas, betting that a ballooning supply glut would hammer prices.

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