Replies to post #20714 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 48 Bcf versus expectations for a build of 51 Bcf and the 5 year average of 52 Bcf.

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

Current storage is 2,435 Bcf which is 599 Bcf below the five-year average of 3,034 Bcf.