Natural gas prices have crashed 50% in less than a month, and now an energy CEO is ringing the alarm
Natural gas prices have plunged over the past month as an unusually warm winter hits both the US and Europe, denting demand for the heating source.
That has one energy CEO ringing the alarm bell, advocating measures for the natural gas industry to take to avoid the same fate of oil companies during the years-long shale bust that started in late 2014.
The decline in natural gas prices has been swift, with the commodity dropping 51% in just under a month.