Natural Gas Prices Settle 2 Percent Lower Despite Record Storage Drawdown Amid Storm

MarketsThe previous record storage drawdown took place in January 2018.A street during a winter storm in New York City on Jan. 25, 2026. Samira Bouaou/The Epoch TimesAndrew Moran2/5/2026|Updated: 2/5/20260:00Natural gas prices finished the Feb. 5 trading session lower as energy markets shrugged off a record U.S. storage drawdown.On the New York Mercantile Exchange, natural gas prices fell more than 2 percent to $3.39 per million British thermal units.Andrew MoranAuthorAndrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected ArticlesCooler Labor Market Persists Into 2026Feb 05, 2026Bitcoin Slips Below $70,000 as Crypto Sell-Off ContinuesFeb 05, 2026US Weekly Unemployment Claims Climb to 2-Month HighFeb 05, 2026US Private Payroll Growth Slows to Start 2026: ADPFeb 04, 2026