Energy & Oil Signal
US Natural Gas Storage (EIA Weekly)
Current Status
● Neutral
44/100
Updated 2026-09-06
About This Signal

EIA weekly working natural gas in underground storage. Below 5-year average signals supply tightness; well above average signals oversupply. Critical for gas price forecasting — storage deficits drive winter gas price spikes.

Why the model watches it

Gas storage vs. 5-year average is the primary determinant of Henry Hub spot price direction. Deficits below 200 Bcf have historically produced 30–50% price spikes into winter withdrawal season.

How the model treats this signal
Factor familyEnergy
Relative weightSupporting
Update cadenceWeekly
Modeled lead~2 weeks (a modeling assumption, not a validated finding)
Data sourceEIA
Known limitations

The lead time above is a design assumption, not an out-of-sample-validated relationship for a specific security or index. This is one Energy input among 47; it measures macro context, not a full investment thesis.

Relevant Tickers

EQT · AR · EXE · CTRA · RRC · CNX · WMB · KMI

Recent History (30 days)
DateScoreStatus
2026-09-06 44/100 ● Neutral
2026-09-05 44/100 ● Neutral
2026-09-04 44/100 ● Neutral
2026-09-03 44/100 ● Neutral
2026-09-02 44/100 ● Neutral
2026-09-01 44/100 ● Neutral
2026-08-31 44/100 ● Neutral

Track This Signal in Real Time

Unstructured Alpha weighs US Natural Gas Storage (EIA Weekly) alongside 46 other macro signals to build a Confluence Score for each stock. See how this signal is currently shaping the macro backdrop for the tickers you follow.

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Scores are derived from macro signals (FRED, EIA, SEC filings, FINRA short interest) and updated as new data arrives. This is not financial advice. Past signal accuracy does not guarantee future results.
unstructuredalpha.com · Not financial advice