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U.S. natural gas prices have fallen close to their lowest level on record after adjusting for inflation. Traders are responding to a persistent domestic production surplus.
Cheap gas encourages gas-fired power generation over coal, which lowers the energy cost base for U.S. processors and can reduce fertilizer production costs.
reuters.comJohn KempFeb 22, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
