U.S. Natural Gas Prices Continue To Tumble

The benchmark U.S. natural gas prices tumbled again on Thursday to the lowest level in nearly a year on warmer-than-normal weather.   As of 9:01 a.m. ET, the benchmark price at the Henry Hub had plunged by more than 7% at $3.888 per million British thermal units (MMBtu), for a 7.14% drop on the day. Prices are now down by 57% compared to the highs from this summer. U.S. natural gas prices rebounded by 4.6% on Wednesday, following an 11% plunge on Tuesday, due to warmer weather.  In the United States, after the Winter Storm Elliott on…