2017 Economic Calendar
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EIA Natural Gas Report  
Released On 11/9/2017 10:30:00 AM For wk11/3, 2017
PriorActual
Weekly Change65 bcf15 bcf

Highlights
Natural gas in storage rose 15 billion cubic feet in the November 3 week to 3,790 bcf. The thirty-second consecutive weekly increase finishes the injection season and signals the traditional start of the heating season, when weekly drawdowns are the norm. The week's build was much smaller than the 54 bcf increase in the same week a year ago, putting stocks 5.5 percent below the level last year at this time, when they were bloated by inventory left over from the preceding unusually mild winter. Having crossed below the 5-year average in September, natural gas inventories stood 1.8 percent below the 5-year average for this time of year, though still within 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 five regions of the country. The level of inventories helps determine prices for natural gas products.  Why Investors Care
 
 

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