DEFINITION of 'EIA Natural Gas Report'
A weekly report provided every Thursday by the Energy Information Administration. The report applies to natural gas reserves that are stored underground in the U.S. The amount of gas stored in inventory is a primary determinant for natural gas prices. Each report lists the data gathered from the previous week.
BREAKING DOWN 'EIA Natural Gas Report'
The law of supply and demand applies to natural gas reserves just as with any other commodity. When reserves are low, prices increase and vice versa. Therefore, investors use reserve reports as a means of anticipating price movements. The EIA natural gas report is the preeminent natural gas report in the United States.