Replies to post #25241 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 152 Bcf versus expectations for a draw of 160 Bcf and the 5 year average of 127 Bcf.

NG (Jan) drops from $2.69 to $2.64/mcf when the news hits.

Current storage is 3,574 Bcf which is 218 Bcf above the five-year average of 3,356 Bcf.