Replies to post #20691 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 92 Bcf versus expectations for a build of 92 Bcf and the 5 year average of 104 Bcf.

NG rises from $2.95 to $2.96/mcf when the news hits.

Current storage is 1,817 Bcf which is 512 Bcf below the five-year average of 2,329 Bcf.