2017 Economic Calendar
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EIA Natural Gas Report  
Released On 8/17/2017 10:30:00 AM For wk8/11, 2017
PriorPrior RevisedActual
Weekly Change28 bcf19 bcf53 bcf

Highlights
Natural gas in storage rose 53 billion cubic feet in the August 11 week to 3,082 bcf, following revisions to prior data that among other changes to recent weeks reduced the previous week's level by 9 billion cubic feet to 3,029 bcf. The twentieth consecutive weekly build since the traditional end of the heating season was roughly in line with forecasts calling for a before-adjustment increase of around 46 bcf. Natural gas stocks were 7.6 percent below their level last year, when inventories were bloated by an exceptionally mild winter that dampened natural gas consumption during the heating season. But gas stocks were 1.8 percent above the 5-year average for this period of the year and remain 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
 
 

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