Replies to post #17542 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 43 Bcf versus expectations for a build of 42 Bcf and the 5 year average of 53 Bcf.

NG rises from from $2.96 to $2.97/mcf when the news hits.

Current storage is 3,125 Bcf which is 45 Bcf above the five-year average of 3,080 Bcf.