Replies to post #25230 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 1 Bcf versus expectations for a draw of 12 Bcf and the 5 year average of 41 Bcf.

NG (Jan) drops from $2.55 to $2.53/mcf when the news hits.

Current storage is 3,939 Bcf which is 290 Bcf above the five-year average of 3,649 Bcf.