Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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EIA report....Supply vs Demand
Gas Week: (1/4/18 - 1/10/18)

Total demand
this week......117.1
last week......136.8

Total supply
this week......82.3
last week......82.7

For the Week Ending Wednesday, January 10, 2017)

Natural gas spot prices fell at most locations this report week (Wednesday, January 3 to Wednesday, January 10). The Henry Hub spot price fell from $6.88/MMBtu last Wednesday to $3.11/MMBtu yesterday.

At the New York Mercantile Exchange (Nymex), the February 2018 contract price fell 10¢ from $3.008/MMBtu last Wednesday to $2.906/MMBtu yesterday.

Demand falls. Domestic demand fell across nearly all sectors, as temperatures moderated from the previous week’s cold. Total U.S. consumption of natural gas fell by 14% compared with the previous report week, according to data from PointLogic Energy, and on Monday fell below 100 Bcf/d for the first time since December 25. Natural gas consumed for power generation declined by 10% week over week, and industrial sector consumption decreased by 7% week over week after hitting an all-time high on January 1. In the residential and commercial sectors, consumption declined by 19%. Natural gas exports to Mexico increased 2%.

https://www.eia.gov/naturalgas/weekly/#tabs-supply-1


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