Replies to post #17579 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 30 Bcf versus expectations for a build of 31 Bcf and the 5 year average of 67 Bcf.

NG drops from from $2.93 to $2.92/mcf when the news hits.

Current storage is 3,155 Bcf which is 8 Bcf above the five-year average of 3,147 Bcf.