# Traders Scratching Their Heads Following Plump EIA Stats

> October natural gas futures rose after the EIA reported a 91 Bcf storage injection, about 6 Bcf above consensus. The market reacted unexpectedly by rising to new highs despite the larger-than-expected build.

- Date: 2017-09-14 · published 2017-09-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69145-traders-scratching-their-heads-following-plump-eia-stats
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A bigger-than-expected injection is normally bearish, but the price response shows the market was already pricing in a tight balance, leaving the net effect unclear.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-11-14 | [EIA: Henry Hub Spot Prices Fall, but Retail Prices Still High](https://feedsoft.ai/events/38863-eia-henry-hub-spot-prices-fall-but-retail-prices-still-high.md) | +16.7% | +25.3% |
| NATGAS | 2023-11-14 | [EIA Forecasts ‘Balanced’ Global LNG Market This Winter, Aided by More U.S. Exports](https://feedsoft.ai/events/33346-eia-forecasts-balanced-global-lng-market-this-winter-aided-by-more-u-s-exports.md) | -7.3% | -16.6% |
| NATGAS | 2021-05-10 | [February 2021 weather triggers largest monthly decline in U.S. natural gas production -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/47273-february-2021-weather-triggers-largest-monthly-decline-in-u-s-natural-gas.md) | +0.9% | +3.3% |
| NATGAS | 2023-06-01 | [EIA explores effects of liquefied natural gas exports on the U.S. natural gas market](https://feedsoft.ai/events/36121-eia-explores-effects-of-liquefied-natural-gas-exports-on-the-u-s-natural-gas.md) | +2.1% | +16.7% |
| NATGAS | 2019-03-01 | [What Happened to Natural Gas Prices at the End of 2018? : U.S. Bureau of Labor Statistics](https://feedsoft.ai/events/7998-what-happened-to-natural-gas-prices-at-the-end-of-2018-u-s-bureau-of-labor.md) | +1.1% | -5.3% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/traders-scratching-their-heads-following-plump-eia-stats/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.