UNITED STATES -- The nation's biggest natural gas companies have announced plans to scale back on production.
The combination of a warm winter and increased use of new drilling techniques has left companies with an excess supply of natural gas. Experts say that if the trend continues for the next few months, producers will run out of storage space by October. They say this will likely send natural gas prices plummeting.
So far, none of the companies have sent any workers home. Instead, they are diverting them to oil rigs.
As of right now, enough storage capacity exists to fuel the entire country for about two months.