2017 Economic Calendar
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EIA Natural Gas Report  
Released On 9/14/2017 10:30:00 AM For wk9/8, 2017
PriorActual
Weekly Change65 bcf91 bcf

Highlights
Natural gas in storage rose 91 bcf billion cubic feet in the September 8 week to 3,311 bcf. The twenty-fourth consecutive weekly increase since the traditional end of the heating season (and 8 weeks before the start of the injection season) exceeded forecasts of a build of around 85 bcf. The outsized build came mostly as a result of reduced electricity generation power burn in the Southeast states, especially Florida, where Hurricane Irma caused large scale power outages. Stocks stood 5.1 percent below their level last year at this time but 1.3 percent above the 5-year average and in the upper half of the 5-year 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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