More shale gas than ever is leaving U.S. shores. Unfortunately for the country’s beleaguered natural-gas producers, global prices for the fuel have never been lower.
Natural-gas prices in Europe and Asia have plummeted this year to historic lows in the midst of reduced demand, the trade dispute with China and brimming storage facilities in Europe. The biggest driver of falling prices, though, has been the U.S. gas that is spilling into global markets.