Replies to post #17503 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 44 Bcf (53 Bcf including retroactive revisions) versus expectations for a build of 48 Bcf and the 5 year average of 50 Bcf.

NG rises up from from $2.88 to $2.91/mcf when the news hits.

Current storage is 3,082 Bcf which is 55 Bcf above the five-year average of 3,027 Bcf.