2017 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

EIA Natural Gas Report  
Released On 7/20/2017 10:30:00 AM For wk7/14, 2017
PriorActual
Weekly Change57 bcf28 bcf

Highlights
Natural gas in storage rose 28 billion cubic feet in the July 14 week to 2,973 bcf. The sixteenth consecutive weekly build since the traditional end of the heating season was smaller than the 34 bcf weekly increase in the same week last year but in line with expectations. The increase put natural gas stocks 9.1 percent below the level a year ago, when inventories were exceptionally high due to a mild winter that dampened heating season gas consumption. Gas stocks are 5.0 percent above the 5-year average, however, and in the upper half of the 5-year historical range.

Definition
The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S. and three regions of the country. The level of inventories helps determine prices for natural gas products.  Why Investors Care
 
 

powered by  [Econoday]