Replies to post #20692 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 96 Bcf versus expectations for a build of 89 Bcf and the 5 year average of 91 Bcf.

NG drops from $2.96 to $2.94/mcf when the news hits.

Current storage is 1,913 Bcf which is 507 Bcf below the five-year average of 2,420 Bcf.