Replies to post #25252 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 171 Bcf versus expectations for a draw of 181 Bcf and the 5 year average of 125 Bcf.

NG (Mar) drops from $2.94 to $2.86/mcf when the news hits.

Current storage is 2,518 Bcf which is 152 Bcf above the five-year average of 2,366 Bcf.