"Natural Gas Prices Plunge, Posing Challenges for Producers and Investors"

US natural gas prices have hit a 30-year low, causing significant challenges for producers. BKV Corp, a major player in the industry, has seen its ambitious expansion plans derailed by the price drop, leading to stalled IPO plans and a scuttled carbon joint venture. The relentless expansion of US natural gas output, particularly from oil companies, has overwhelmed efforts to curtail drilling, resulting in a price drop that has hurt producers. However, there is hope that future LNG exports and rising demand could restore profitability to the industry by 2025, despite potential delays in new LNG plant permits.