Authored by Irina Slav via OilPrice.com,
- As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand.
- While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike this winter.
- A hotter-than-expected summer and a lack of alternative energy sources have left U.S. inventories below the seasonal average.
Last week, the media rushed to report that natural gas prices in the United States had fallen sharply after trade unions and railway companies reached a tentative deal that averted a potentially devastating strike.
