1 million British thermal units, or 1 dekatherm. Approximately equal to 1,000 cubic feet (Mcf) of natural gas.
- Browse Related Terms: 1 million British thermal units or 1 dekatherm (MMBtu), 1 million cubic feet (MMCF), dekatherm or decatherm (DTH), MCF, Therm
Prices for the next 12 months of consecutive natural gas futures trading contracts, usually starting with the nearest, or prompt, month.
- Browse Related Terms: 12-month strip, Arbitrage, Delivery Point(s), Financial transmission right, Forward price curve, Futures market, Henry Hub, Locational marginal price, long, Mark-to-market, Physical basis, Reference price, Short position, Spark spread, Uplift, West Texas Intermediate (WTI)