Replies to post #25262 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 36 Bcf versus expectations for a draw of 25 Bcf and the 5 year average of 51 Bcf.

NG (Apr) rises from $2.51 to $2.56/mcf when the news hits.

Current storage is 1,746 Bcf which is 78 Bcf below the five-year average of 1,824 Bcf.