Replies to post #25168 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 35 Bcf versus expectations for a build of 34 Bcf and the 5 year average of 66 Bcf.

NG drops from $2.53 to $2.51/mcf when the news hits.

Current storage is 3,455 Bcf which is 407 Bcf above the five-year average of 3,048 Bcf.