[Nobel_1]

US currently has an oversupply of natural gas ... storage has been exceeding the 5-yr average for awhile, prices plummetted (until just the last 2-3 weeks), and many domestic natural gas producers still have production shut-in. Rig count remains anemic, and inadequate gas transportation (pipeline capacity) exists to move gas out of the Rockies (still).

This graph shows storage maxed out ... Link to Graph

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[thackney]

Thanks for explaning what you meant.

And yet we continue to import more than we export.

While the price has dropped greatly from the 2008 insanity, it still is not a very low price historically.

And the price to the residential consumer hasn't exactly plummetted from "normal" pricing.