Replies to post #5102 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

The Gulf of Mexico accounted for over 20% of US NatGas production about a decade ago, if memory serves, but now it's down to just 5% .... so a hurricane would have far less impact than in the past. Even so, I'd guess there'd be a rally, perhaps a 10% spike up ....

http://www.eia.gov/special/gulf_of_mexico/