Replies to post #25254 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 237 Bcf versus expectations for a draw of 252 Bcf and the 5 year average of 142 Bcf.

NG (Mar) drops from $3.09 to $3.04/mcf when the news hits.

Current storage is 2,281 Bcf which is 57 Bcf above the five-year average of 2,224 Bcf.