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NYMEX gas prices are quoted in terms of USD/MMBTU - in other words dollars per million British Thermal Unit.
Contracts are traded in 10,000 MMBTU (10 Billion BTU) lots.
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∙ 13y ago
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What mean of hm3 in natural gas measurement?
hm3 is the unit of volume.. used for gas consumption determination.. it is well said as 1 hecto meter cube.. 1hm3=1000000m3
What are Prompt-month prices when referring to natural gas?
Prompt Month means the nearest month of delivery for which NYMEX futures prices are published during the trading month. In other words, the price of gas for the 'next' month.
What is the ticker symbol for natural gas?
UNG is for the American spot market. NG is for the futures market on the NYMEX. NG is followed by the letter corresponding to the appropriate month you want to trade...ie NGH is a natural gas contract for March. After that comes the year, so for a natural gas futures contract with expiration in March 2011, it'd be NGH11.
What is the measuring unit of natural gas?
The smallest unit is a toot. And 10 toots=1 fart.
Natural gas water heater was hooked up to propane by mistake it was replaced with a propane unit does that damage the natural gas water heater for use with natural gas?
The answer is that is may create a problem when you want to use it with natural gas. Best is just to scrap it.
What is the unit of measurement of gas?
That depends what you want to measure about the gas: its volume, mass, transparency, temperature, etc. The really isn't such a thing as a "unit of measurement of gas", there are units of measurement for mass, volume, temperature, etc., all of which can be attributes of a specific gas.
What mean of hm3 in natural gas measurement?
hm3 is the unit of volume.. used for gas consumption determination.. it is well said as 1 hecto meter cube.. 1hm3=1000000m3
What are Prompt-month prices when referring to natural gas?
Prompt Month means the nearest month of delivery for which NYMEX futures prices are published during the trading month. In other words, the price of gas for the 'next' month.
What is the ticker symbol for natural gas?
UNG is for the American spot market. NG is for the futures market on the NYMEX. NG is followed by the letter corresponding to the appropriate month you want to trade...ie NGH is a natural gas contract for March. After that comes the year, so for a natural gas futures contract with expiration in March 2011, it'd be NGH11.
What is the unit of measurement used to measure gas in pipelines?
The measure is cubic feet.
What major merger occurred in the stock market in 1998?
COMEX was bought by the New York Mercantile Exchange (NYMEX), which trades futures in precious metals, oil, and gas. COMEX maintains its name as a division of NYMEX.
What is the measuring unit of natural gas?
The smallest unit is a toot. And 10 toots=1 fart.
What does 10.5 wc stand for on a natural gas heater?
wc is a unit of measurement of pressure. it stands for water column. see the wikipedia article on "inches of water" to learn more. http://en.wikipedia.org/wiki/Inch_of_water
Natural gas water heater was hooked up to propane by mistake it was replaced with a propane unit does that damage the natural gas water heater for use with natural gas?
The answer is that is may create a problem when you want to use it with natural gas. Best is just to scrap it.
1622 miles equals how much gas?
A mile is a unit of measurement, not of gas. Without knowing economy rates, the two units are incompatible.
Is an M3 Gas Meter a Metric one?
Yes, an M3 gas meter is commonly used in metric countries. It is a unit of measurement for gas volume and represents one cubic meter of gas.
What is the natural gas measurement MCF?
MCF is a measure of volume of natural gas. One MCF equals one thousand (1,000) cubic feet of natural gas. M stands for the Roman numeral 1,000 C stands for cubic F stands for feet
