Replies to post #18835 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[researcher59]

EIA reports a build of 29 Bcf versus expectations for a build of 33 Bcf and the 5 year average build of 5 Bcf.

NG rises from $2.68 to $2.70/mcf when the news hits.

Current storage is 1,155 Bcf which is 485 Bcf below the five-year average of 1,640 Bcf.

**** Note - the EIA also retroactively decreased storage by 4 Bcf for past weeks hence a net build of 25 Bcf.