Commodities
US Natural Gas Output Drops as Winter Storm Disrupts Production
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US natural gas output is expected to plunge the most since last winter as freezing weather across key production regions shuts wells.
Daily output of the heating and power-generation fuel is estimated at less than 96 billion cubic feet on Thursday, down from roughly 100 billion a day earlier, according to preliminary BloombergNEF data based on pipeline nominations. That would be the biggest one-day drop since Feb. 3, when bitter cold and snow descended on Texas.