Economics
U.S. Gas 'Pain Train' May Chug Along as Spring Fever Grips Bears
- Natural gas futures have worst start to a year since 2006
- Eight of 12 analysts surveyed see prices falling further
The Southern California Gas Co. Aliso Canyon underground natural gas storage facility in Los Angeles on Jan. 12, 2017.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
U.S. natural gas prices are off to the worst start to a year since 2006, and the rout may not be over yet.
Eight of 12 traders and analysts surveyed by Bloomberg see futures sliding further after dropping 29 percent so far this year. Three were bullish and one predicted prices would hold steady.