Henry Hub prices hit record low in February

Increased production, mild winter cited

U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on Feb. 20, the lowest price in inflation-adjusted dollars since at least 1997, the U.S. Energy Information Administration (EIA) reports.

EIA, citing data from Refinitiv Eikon, said high natural gas production, low natural gas…

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