Biggest 1-Day Drop in Natural Gas Price Since January
You knew the NYMEX (and spot) price for natural gas couldn't go up forever. There will be days when it falls, or "corrects." Yesterday was a big correction as the NYMEX futures price dropped 7.36% (down $0.40)--the biggest single-day drop in the NYMEX price in nine months. Despite the big drop, most experts we've read believe this is a temporary correction and the price will continue to climb.
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