Replies to post #25260 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 52 Bcf versus expectations for a draw of 73 Bcf and the 5 year average of 89 Bcf.

NG (Apr) drops from $2.67 to $2.63/mcf when the news hits.

Current storage is 1,793 Bcf which is 141 Bcf below the five-year average of 1,934 Bcf.

(posted Monday for last Thursday's report)