Natural Gas Stocks Change is a weekly report released by The Energy Information Administration (EIA) and measures the change in the number of cubic feet of natural gas stored during the previous week. It affects more the Canadian Dollar than the US Dollar, something that is also true for the oil prices as well. In general higher than expected readings of increase in inventories signals a weak demand for the gas and is negative for the natural gas prices. If there is a decline in inventories which is more than the expected reading, then this is positive for the natural gas prices as it implies strong demand for the natural gas. The demand for natural gas is sensitive not only to the actual prices but also to weather conditions as well, which can either have a strong demand or a more weak one, extremely at extreme weather conditions during a specific period.
The United States Gas Stocks Change
The United States Gas Stocks Change most recent release was 57 billion cubic feet, less than the expected price of 59 billion cubic feet and significant less than the previous reading of 72 billion cubic feet. The long-term average for the United States Gas Stocks Change for the period of years 1994-2017 is 0.52 billion cubic feet. The all-time high reading was 147 billion cubic feet during July of 2003, and the all-time l