The World Can’t Take Much More Shale Gas – The Wall Street Journal

Natural-gas prices have bounced back from the 25-year low reached late last month, but analysts and traders don’t expect them to go much higher—at least until it is time to turn on the heat.

As other assets recover from the coronavirus meltdown and even exceed prepandemic highs, natural gas has lagged behind. There is simply too much of it.

Stockpiles…