Replies to post #22069 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[kei]

great point! that means less production! less inventory!

[dude iligence]

The rigs drilling last yr weren't producing last year they were drilling. Those wells if completed may be producing this yr. The rigs drilling now are not producing. You also need to look at the DUCs which no one has an accurate count on. More pipelines more infrastructure. Ng trade is complex is an understatement