U.S. Natural Gas Production in February Dropped 0.6%

Reuters reported that U.S. natural gas production in February dropped 0.6 percent.

As quoted in the market news:

Natural gas prices slid to a 10-year low of about $1.90 per mmBtu just two weeks ago, but have since rebounded nearly 20 percent amid talk of producer supply cuts and some supportive weather. But many traders remain skeptical of the run up with inventories and production still at or near all-time highs.

Click here to read the full Reuters report.