Replies to post #22471 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 94 Bcf versus expectations for a draw of 89 Bcf and the 5 year average of 32 Bcf.

NG rises from $2.55 to $2.58/mcf when the news hits.

Current storage is 3,638 Bcf which is 60 Bcf below the five-year average of 3,698 Bcf.