2017 Economic Calendar
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EIA Natural Gas Report  
Released On 9/21/2017 10:30:00 AM For wk9/15, 2017
PriorActual
Weekly Change91 bcf97 bcf

Highlights
Natural gas in storage rose 97 billion cubic feet in the September 15 week to 3,408 bcf. The twenty-fifth consecutive weekly increase since the traditional end of the heating season (and 7 weeks before the start of the injection season) far exceeded the 52 bcf build in the same week a year ago and was caused by reduced electricity generation power burn due to cooler weather conditions in the eastern US and some remaining power outages related to Hurricane Irma. The increase put stocks 3.8 percent below their level last year at this time, when they were bloated by low consumption during the preceding mild winter. In a longer term comparison, however, stocks were 2.0 percent above the 5-year average and in the upper half of the 5-year historical range for this time of year.

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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