America Is Awash With Natural Gas and It’s About to Get Worse

  • Despite a glut and depressed prices, shale output still grows
  • Prices fell Friday below the $2 mark for first time since 2016

Water vapor rises from cooling towers at the Appalachian Power Co. natural gas plant in Dresden, Ohio, U.S.

Photographer: Ty Wright/Bloomberg

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One chilly day in October, President Donald Trump boarded Air Force One and flew to Pennsylvania to hail one of the state’s most important industries -- not coal, but natural gas.