Natural gas prices continued their retreat toward the $2 mark Wednesday as warming weather forecasts for late February suggest winter-heating demand won’t be enough to resolve a potentially historic glut. Futures for March delivery settled down 5.2 cents, or 2.5%, at $2.046 a million British thermal units on the New York Mercantile Exchange. The retreat has given back about half of the gains from Friday and Monday, which had produced the largest two-session rally in a month. High stockpiles keep capping rallies in the gas market, which has been trading within a 40-cent range for nearly a month. Last year brought record-high production but then a mild autumn and early winter severely hurt demand for the heating fuel. A record-high amount of it ended up in storage. Production hasn’t fallen sharply since then, so stockpiles may still challenge their high point for winter’s end unless a lengthy stretch of […]