US natural gas inventories declined more than expected during the week ended Feb. 27, according to data released Thursday by the Energy Information Administration (EIA).
|
US Natural Gas Inventories (bln cubic feet) |
|||||
|
Item |
A Year Ago |
Previous Week |
Current |
Weekly Change |
Forecast |
|
Natural Gas |
1771 |
2018 |
1886 |
(132) |
(125) |
What does this mean?
The snowstorm that hit the eastern US at the beginning of last week boosted demand for heating, which led to a decline in natural gas inventories.
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