Save for later Print Download Share May gas futures plunged 22.9垄 Monday to $3.016 per million Btu, a 21-week low for the prompt month. 鈥淭his is the third week in a row of plunging natural gas prices,鈥� NatGasWeather.com said. 鈥淟ight to very light national demand forecast for the next 15 days is aiding strong selling.鈥� According to Gelber & Associates, dry gas production hit an all-time high of 106.9 billion cubic feet per day on Friday, before receding to 106.1 Bcf/d on Monday, 鈥渙utpacing the modest late-April heating demand forecasted in the last couple of weeks.鈥�
