Replies to post #15903 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[C C]

Celcius says....Looking long term, I project that natural gas storage will peak at 4007 BCF on November 4, 2016 at the end of the injection season.


...it appears we will have hit the 4k mark by end of injection season according to Celsius......which is interesting considering some projections say we wouldn't

at this point I believe we could be much higher than we'r at according to adjustments at end of year by EIA

at this point I believe we should be much higher than we'r at according to reserve adjustments.....of which include total injection numbers

lets keep it real


Here is a revised reserve/injection report by EIA on annual basis



https://www.eia.gov/dnav/ng/ng_sum_lsum_a_EPG0_r12_Bcf_a.htm


2009....5,098
2010......509
2011....1,731
2012....-1,588
2013.......543
2014.....2,256


cc