Replies to post #25243 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 114 Bcf versus expectations for a draw of 125 Bcf and the 5 year average of 102 Bcf.

NG (Feb) drops from $2.48 to $2.46/mcf when the news hits.

Current storage is 3,460 Bcf which is 206 Bcf above the five-year average of 3,254 Bcf.