Replies to post #6248 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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Weighing The Natural Gas 'Glut' At End-September

For the week ending September 23rd, the Energy Information Administration (EIA) reported that storage built by 49 billion cubic feet (bcf), ending the week at 3,600 bcf, 2.6% higher than a year ago, and 6.5% higher than its 5-year average.

Based on my regression, this implies a build of 80 bcf for (next) week. Storage should be reported around 3,680 bcf in this week's report.





http://seekingalpha.com/article/4009570-weighing-natural-gas-glut-end-september




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