Natural Gas Economics 101

Understand the factors that sustain the price of natural gas in the upstream and every facet of the downstream, including pipelines, utilities, regulators and consumers in North America.

At A Glance

Industry Segment Natural Gas
Course Level Introductory
CPE Credits 10
DTN Credits 6
Competency Path Certified Energy Professional, Certified Energy Trading Professional, Natural Gas

What You Will Learn

Some of the areas the course will focus on are:

  • Upstream economics for the natural gas producer (NG value chain, ROI, taxes, capital expenditures).
  • Natural gas processing operations and transportation (midstream gas sector, treatment stages, natural gas liquids, safety and disposal issues, pipelines, regulations, utility pricing).
  • Economics of Liquefied Natural Gas (LNG value chain, project Capex & Opex, LNG pricing mechanisms, evolving trends – exports / projects).
  • Wholesale economics from the seller’s perspective (market participants and perspectives, financial market influences, price mitigation and volume excursions, seller options).
  • Wholesale economics from the buyer’s perspective (buyer decisions, market players, analysis of supply offers, risk control, budget and market optimization).
  • Trade and hedge economics (futures, options, over-the-counter markets, technical analysis, forecasting).
  • Gas storage economics (storage facilities, contango / carry forward opportunities, demand drivers).
  • State of the energy complex (demand supply trends, geopolitical change from unconventional success – shale resources, oil vs. gas market comparison and direction).

Who Should Attend

  • Major Oil and Natural Gas Independent:
    • Refiners
    • Processors
    • Marketers
    • Supply and distribution personnel
    • Exchange personnel
    • Risk managers
    • Wholesale and commercial managers
    • Traders
    • Gas storage owners and operators
  • Wholesale Marketing Companies
    • Marketers
    • Brokers
    • Energy supply managers
    • Pipeline companies that market natural gas
    • Compressed Natural Gas marketers
    • Every level of the trading community, both physical and financial
  • End-Users
    • Large consumers with pipeline rights and ability to store gas
    • Large buyers of LNG
    • Utilities with end-users likely to change from coal as power plant fuel
    • Government agencies and regulators – Federal – State – Municipal
  • Lenders to the natural gas industry
  • Futures and OTC brokers
  • Media companies
  • Natural gas reporters
  • Natural gas analysts