Natural Gas Storage Indicator (EIA Report)

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Definition of 'Natural Gas Storage Indicator (EIA Report)'

The Natural Gas Storage Indicator (EIA Report) is a weekly report published by the U.S. Energy Information Administration (EIA) that provides information on the amount of natural gas stored in underground storage facilities in the United States. The report is released on Thursday afternoons and is based on data collected from natural gas companies.

The report includes information on the total amount of natural gas in storage, the amount of natural gas in each of the five major storage regions, and the average price of natural gas at storage facilities. The report is used by market participants to assess the supply and demand for natural gas and to make predictions about future prices.

The Natural Gas Storage Indicator is one of the most important reports in the natural gas market. It is closely watched by traders, analysts, and investors, and can have a significant impact on the price of natural gas.

The report is divided into five sections:

* The first section provides an overview of the natural gas storage system in the United States.
* The second section provides information on the total amount of natural gas in storage.
* The third section provides information on the amount of natural gas in each of the five major storage regions.
* The fourth section provides information on the average price of natural gas at storage facilities.
* The fifth section provides a discussion of the factors that affect natural gas storage levels.

The Natural Gas Storage Indicator is an important tool for understanding the natural gas market. It provides valuable information on the supply and demand for natural gas, and can help market participants make informed decisions about future prices.

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