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In the natirar gas market the major terminus points of ppelines are pricing points. For example, Chicago City Gate iccGi and Transco Zane 5 into

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In the natirar gas market the major terminus points of ppelines are pricing points. For example, Chicago City Gate iccGi and Transco Zane 5 into NY ittbl are fwo major markets. These terminus poimts are priced as basis contracks vertus the Henry Hub iNGland not as outright trades for the location. (a). To te long natura gas outright in ccG what transactronsy would you coiploy? (3 pts) Itbh To be long, 726 and short CEG what transattion(s) would you employ? (3 pts) (c) Euplain w'y it is possibie for the 76 to Henry Hub basis to frade for an extended period of time at a super-premuin to the costs ansociaged with transport. (3 pts) In the natirar gas market the major terminus points of ppelines are pricing points. For example, Chicago City Gate iccGi and Transco Zane 5 into NY ittbl are fwo major markets. These terminus poimts are priced as basis contracks vertus the Henry Hub iNGland not as outright trades for the location. (a). To te long natura gas outright in ccG what transactronsy would you coiploy? (3 pts) Itbh To be long, 726 and short CEG what transattion(s) would you employ? (3 pts) (c) Euplain w'y it is possibie for the 76 to Henry Hub basis to frade for an extended period of time at a super-premuin to the costs ansociaged with transport. (3 pts)

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