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

EIA Natural Gas Report  
Released On 7/27/2017 10:30:00 AM For wk7/21, 2017
PriorActual
Weekly Change28 bcf17 bcf

Highlights
Natural gas in storage rose 17 billion cubic feet in the July 21 week to 2,990 bcf. The seventeenth consecutive weekly build since the traditional end of the heating season was identical to the increase in the same week last year but below the 44 bcf average build in the past 5 years for the period. The increase put natural gas stocks 9.2 percent below the level last year, when inventories were exceptionally large due to a mild winter that dampened heating season gas consumption. Gas stocks are still 3.9 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 five regions of the country. The level of inventories helps determine prices for natural gas products.  Why Investors Care
 
 

powered by  [Econoday]