Replies to post #20710 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 46 Bcf versus expectations for a build of 50 Bcf and the 5 year average of 53 Bcf.

NG rises from $2.94 to $2.95/mcf when the news hits.

Current storage is 2,354 Bcf which is 572 Bcf below the five-year average of 2,926 Bcf.