Natural Gas Storage Indicator - EIA Report

AAA

DEFINITION of 'Natural Gas Storage Indicator - EIA Report'

The U.S. Energy Information Administration (EIA) weekly estimate of working natural gas volumes held in underground storage facilities at the national and regional levels. Changes in these gas inventories on a weekly basis primarily reflect net withdrawals or injections. The report is generally reported every Thursday at 10:30am EST. Unexpected changes such as above-average withdrawals or injections can have an immediate impact on natural gas prices.




INVESTOPEDIA EXPLAINS 'Natural Gas Storage Indicator - EIA Report'

Working gas, the volume of gas in a reservoir that is above the level of base gas, is the amount of gas that is available to the marketplace.
The EIA report shows gas inventories for the reporting week and previous week, as well as the net change, on a national basis and for East, West and Producing regions. It also provides inventories for a year ago and the five-year average for historical comparison.




RELATED TERMS
  1. Oil Price to Natural Gas Ratio

    A mathematical ratio comparing the prices of crude oil and natural ...
  2. EIA Natural Gas Report

    A weekly report provided every Thursday by the Energy Information ...
  3. Billions Of Cubic Feet Equivalent ...

    A natural gas industry term typically used to measure the amount ...
  4. Energy Information Administration ...

    A government agency formed in 1977 as an advisor to the U.S. ...
  5. Natural Gas ETF

    Exchange-traded funds (ETFs) that invest in natural gas futures ...
  6. Benchmark Crude Oil

    Benchmark crude oil is crude oil that serves as a pricing reference, ...
Related Articles
  1. Uncovering Oil And Gas Futures
    Active Trading

    Uncovering Oil And Gas Futures

  2. Accounting For Differences In Oil And ...
    Fundamental Analysis

    Accounting For Differences In Oil And ...

  3. How Long Will Lower Energy Prices Last?
    Personal Finance

    How Long Will Lower Energy Prices Last?

  4. Are Oil Prices Helping Or Affecting ...
    Economics

    Are Oil Prices Helping Or Affecting ...

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center