Replies to post #20693 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 91 Bcf versus expectations for a build of 84 Bcf and the 5 year average of 83 Bcf.

NG drops from $3.00 to $2.97/mcf when the news hits.

Current storage is 2,004 Bcf which is 499 Bcf below the five-year average of 2,503 Bcf.