| EIA Natural Gas Report
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Released On 2/16/2017 10:30:00 AM For wk2/10, 2017
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Prior | Actual |
| Weekly Change | -152 bcf | -114 bcf |
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Highlights
Natural gas in storage fell 114 billion cubic feet in the February 10 week to 2,445 bcf. The weekly drawdown places stocks 11.0 percent below their level last year at this time but 3.7 percent above the 5-year average for this period of the drawdown phase of the annual cycle. Gas stocks remain close to the midpoint of the 5-year historical range for this time of year.
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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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