Texas Natural Gas Drops Toward Zero as Output Swamps Pipelines

(Bloomberg) -- Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel.Most Read from BloombergChina Stocks Slide as Leadership Overhaul Disappoints TradersWall Street Is Heading to Saudi Arabia as US Oil Spat SimmersKorean Air Plane Overruns Runway While Landing in PhilippinesS&P 500 Climbs Amid Gains in Defensive Stocks: Markets WrapSunak Edges Closer to UK Leadership as Johnson Drop
Click Here To Get Funded!