Replies to post #20800 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 141 Bcf versus expectations for a draw of 133 Bcf and the 5 year average of 144 Bcf.

NG rises from $3.79 to $3.81/mcf when the news hits.

Current storage is 2,773 Bcf which is 720 Bcf below the five-year average of 3,493 Bcf.