Insight: US natural gas, coal markets calm about low inventories … for now

The growth of low-priced natural gas supply from Appalachia and Texas appears to be changing the market calculus on winter heating demand this year. With pre-winter gas inventories sitting at their lowest levels in over a decade, prices remain near historic lows. In the coal market, inventories are also at their lowest level in more than a decade, but prices have shown little reaction. For both commodities, an early or