Replies to post #25258 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 98 Bcf versus expectations for a draw of 136 Bcf and the 5 year average of 81 Bcf.

NG (Apr) drops from $2.76 to $2.68/mcf when the news hits.

Current storage is 1,845 Bcf which is 178 Bcf below the five-year average of 2,023 Bcf.