I just can't understand either why these issues continue plunging the way they have. I know there was a glut of NG from last winter, but it should have been absorbed by now. The total economy must be rotten apple soft, energy consumption has fallen to a dangerously low point. Recession coming soon? (if we're not already in it)
Your viewpoint is too narrow. All high yielders have been crashing in recent weeks: MLPs, trusts, REITs, etc. It's due to tax fears and selleing before higher rates kick in. Not related to NG fundamentals at this point.