Replies to post #20515 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 119 Bcf versus expectations for a draw of 118 Bcf and the 5 year average of 151 Bcf.

NG rises from $2.73 to $2.74/mcf when the news hits.

Current storage is 2,078 Bcf which is 393 Bcf below the five-year average of 2,471 Bcf.