Replies to post #20547 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 194 Bcf versus expectations for a draw of 181 Bcf and the 5 year average of 154 Bcf.

NG rises from $2.58 to $2.59/mcf when the news hits.

Current storage is 1,884 Bcf which is 433 Bcf below the five-year average of 2,317 Bcf.