Replies to post #17428 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 28 Bcf versus expectations for a build of 39 Bcf and the 5 year average of 54 Bcf.

NG spikes up from from $2.89 to $2.94/mcf when the news hits.

Current storage is 3,038 Bcf which is 61 Bcf above the five-year average of 2,977 Bcf.