2018 Economic Calendar
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EIA Natural Gas Report  
Released On 4/26/2018 10:30:00 AM For wk4/20, 2018
PriorActual
Weekly Change-36 bcf-18 bcf

Highlights
Natural gas in storage fell 18 billion cubic feet in the April 20 week to 1,281 bcf. The third consecutive weekly drawdown since the traditional start of the injection season, when builds are the norm, contrasts with a 74 bcf build last year and a 68 bcf average build over the last five years in the comparable week. Gas stocks remained within the 5-year historical range for this time of year but were 41.2 percent below last year's level and 29.1 percent below the 5-year average for the period. A 17 bcf drawdown in the Midwest accounted for the bulk of the week's decline in stocks, as unseasonably cold April weather, especially in the Midwest and Northeast regions, continues to prolong the heating season.

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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