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

EIA Natural Gas Report  
Released On 3/2/2017 10:30:00 AM For wk2/24, 2017
PriorActual
Weekly Change-89 bcf7 bcf

Highlights
Natural gas in storage rose 7 billion cubic feet in the February 24 week to 2,363 bcf, posting the first weekly gain since mid-November and possibly signaling an early end to the drawdown phase of the annual cycle. The small weekly increase puts stocks 7.3 percent below last year's large storage level during the comparable period, but 14.3 percent above the 5-year average and close to the upper limit 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 five regions of the country. The level of inventories helps determine prices for natural gas products.  Why Investors Care
 
 

powered by  [Econoday]