Replies to post #23143 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 29 Bcf versus expectations for a draw of 25 Bcf and the 5 year average of 40 Bcf.

NG rises from $1.65 to $1.67/mcf when the news hits.

Current storage is 2,005 Bcf which is 292 Bcf above the five-year average of 1,713 Bcf.