Replies to post #25283 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 115 Bcf versus expectations for a build of 104 Bcf and the 5 year average of 91 Bcf.

NG (Jul) drops from $3.01 to $2.97/mcf when the news hits.

Current storage is 2,215 Bcf which is 63 Bcf below the five-year average of 2,278 Bcf.