Natural Gas Trades Below January Low, Bounces (a little)

Old paratrooper joke: "Did you jump?"---"A little".
From the Financial Times:

US natural gas prices slide to 10-year low

US natural gas prices slid to a fresh 10-year low on Tuesday, exacerbating pressure on drillers in spite of moves to cut production in recent months.

Nymex April gas dropped nearly 3 per cent to a low of $2.204 per million British thermal units on Tuesday morning, and was later trading at $2.277, up slightly on the day....MORE

The near futures have recovered a bit and are currently $2.233 down $0.036.

See also this morning's:

Natural Gas: "If it Breaks $2.231, No Support to $2.00"--Schork

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