Replies to post #25278 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 38 Bcf versus expectations for a build of 49 Bcf and the 5 year average of 37 Bcf.

NG (May) spikes from $2.69 to $2.76/mcf when the news hits.

Current storage is 1,883 Bcf which is 12 Bcf above the five-year average of 1,871 Bcf.