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EIA Natural Gas Report  
Released On 12/7/2018 10:30:00 AM For wk11/30, 2018
PriorActual
Weekly Change-59 bcf-63 bcf

Highlights
Natural gas in storage fell 63 billion cubic feet in the November 30 week to 2,991 bcf. The third consecutive weekly draw of the heating season contrasts with an atypical increase of 2 bcf last year at this time and is slightly smaller than the 66 bcf average draw in the comparable week over the last 5 years. Remaining below the 5-year historical range for the nineteenth week in a row, gas stocks were 19.1 percent below their level a year ago and 19.5 percent below the 5-year average 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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