2017 Economic Calendar
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EIA Natural Gas Report  
Released On 5/18/2017 10:30:00 AM For wk5/12, 2017
PriorActual
Weekly Change45 bcf68 bcf

Highlights
Natural gas in storage rose 68 billion cubic feet in the May 12 week to 2,369 bcf. The seventh consecutive weekly increase since the traditional end of the heating season puts gas stocks 13.7 percent below last year's bloated level, which was lifted by a milder than usual winter. Gas stocks remain in the upper half of the 5-year historical range for this period, but the gain on the 5-year average shrank to 12.1 percent, a decrease of 1.5 percentage points from the prior week's reading. Natural gas futures initially fell about 2 cents following the report on the weekly injection, which was slightly larger than analysts expected, but then quickly reversed and rose to around $3.19 per MMBTu, about 2 cents above the pre-release level.

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
 
 

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