What Caused the Collapse in Natural Gas Prices Last Week?

The U.S. Energy Department's weekly inventory release showed a lower-than-expected decrease in natural gas supplies. The bearish inventory numbers, together with predictions of weaker weather-related demand in late January, weighed on natural gas futures, which settled with a heavy loss week over week.In fact, the market hasn't been kind to natural gas, with the commodity trading considerably lower over the past 12 months due to growing worries about record output and concerns about an ongoing supply glut. ...