Tag: EIA inventory reports
OK… This Just Isn’t Adding Up!?
Natural gas investors received quite a surprise last Thursday. The US Energy Information Adminstration’s (EIA) weekly inventory report revealed 24 billion cubic feet (bcf) of gas went into storage for the week of April 11th. That’s nearly 50% lower than the consensus analyst estimate of 40bcf going into the report. Upon hearing the news, investors […]
