Replies to post #25240 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 122 Bcf versus expectations for a draw of 120 Bcf and the 5 year average of 105 Bcf.

NG (Jan) drops from $2.70 to $2.67/mcf when the news hits.

Current storage is 3,726 Bcf which is 243 Bcf above the five-year average of 3,483 Bcf.