Industry
Gas Industry Overview
A one-day entry-level introduction to the business of natural gas
This one-day seminar presents a fundamental overview of the natural gas business. If you are new to the industry, or even a veteran who was never exposed to the business aspects of natural gas, Gas Industry Overview can help you to better understand this dynamic industry. You will learn who gas customers are and how they use natural gas, how the physical system is designed and operated, how and why the industry is regulated and how restructuring has changed regulation, the basic principles behind gas markets, and much more.
This course was designed with your participation in mind! Questions and discussion among attendees are highly encouraged. And you will participate in a number of group exercises that will give you a real-world perspective of how the natural business actually works. You will leave this information-packed seminar with relevant and current information that can be applied immediately to your work!
Prerequisites: No prerequisites or advance preparation is required.
Contact us at 866-765-5432 or 'info' for more information.
No dates are currently scheduled for this seminar. Please Contact Us for more information.
Is Gas Industry Overview the right seminar for me?
If you need an overview of the business aspects of the natural gas industry, but can’t spend more than a day away from your job, this seminar is for you! Whether you're new on the job or an industry veteran, you will benefit from the insights you will receive on how the gas business actually works. While anyone with a connection to the natural gas business should consider this fundamental seminar, here are the types of employees who have found this class especially helpful to their continued success in the industry:
- New hires just starting out
- Regulatory employees requiring a fundamental industry business overview
- Technical and information technology employees requiring a fundamental industry business overview
- Professionals such as attorneys, accountants, finance, PR, etc. who are becoming active in the energy industry
- Experienced professionals moving into the gas industry
- Experienced energy industry employees needing a fundamental business overview
- Sales professionals providing services to the gas industry
- Virtually any industry employee with limited natural gas business experience
How will Gas Industry Overview help me?
If you are new to the gas business, this seminar will give you a fundamental overview of the complex business of natural gas. Many new employees feel lost for months given the unique jargon and ways of doing business inherent in the gas industry. After participating in this one-day class, you’ll learn just enough to successfully begin your career in the industry and to prepare you to take advantage of on-the-job learning opportunities that will continue to come your way.
If you’ve been in the gas industry for a while, but have been too busy focusing on your job responsibilities to understand the business aspects of the industry, this seminar will provide you the fundamental knowledge that you are missing. After participating in this seminar you will understand your role in the bigger picture, how to better support your company’s business goals and how to best interact with other company departments and market participants. In fact, anyone interested in advancing their career cannot afford to continue without the knowledge presented in this seminar.
In one information-packed day, this dynamic course will provide you with a solid understanding of:
- Natural gas users and their needs
- North American supply basins, imported pipeline gas, and Liquefied Natural Gas (LNG)
- How the physical system is designed and operated
- The North American pipeline and storage infrastructure
- How and why the industry is regulated
- Regulation and deregulation
- The choices customers have for purchasing supply
- Market participants and their roles
- How participants make money
- How natural gas is priced
- Risks that must be managed
- How the industry is evolving and will continue to change in the future
Overview of Natural Gas
- What is natural gas?
- Where is natural gas found?
- Why natural gas is important to our society
- Gas units
Customers
- Types of gas customers
- Number and usage by customer class
- How each customer class uses gas
- Customer needs and wants
- Services available to gas customers under bundled and unbundled market structures
The Physical System and Delivery Chain
- U.S. sources of gas supply
- Major North American supply basins and flows
- Overview of production and processing
- Overview of transportation and storage
- Overview of distribution
- How the system is operated
- The gas scheduling process
- Balancing and flow orders
Regulation and Deregulation
- Why regulate the gas industry?
- Who regulates what?
- Types of regulatory proceedings
- How cost-of-service rates are set
- Incentive regulation
- What is restructuring and why do it?
- Gas supply choice state-by-state
Gas Market Evolution
- The North American gas market structure
- Participants in the delivery chain (upstream, midstream, downstream)
- Gas flow through the value chain
- The functions of a gas trader
- How gas prices are determined
- Pricing differentials and price volatility
- Risk exposures and ways to mitigate them
- Physical and financial tools for risk management
The Future
- Trends to watch in the next five years
- Future areas of change: regulation, technology and markets
“Great class, great instructor!”
“Great, practical examples about the functions of each segment, the instructor’s experience was evident.”
“Helped me understand topics that have always confused me. Broadened my overall knowledge of the gas industry.”
“The class was insightful. The instructor had a wealth of knowledge about the industry.”
“The general overview helped me understand the industry more.”
“Good overview of everything.”
Group discount
Attend this seminar with your workgroup and you can save up to 25%. For every three people from the same company who attend this course, the fourth is free!
Course length
One day.
Prerequisites
No prerequisites or advance preparation is required.
Seminar times
This seminar begins at 8:30 and ends at 5:00. But feel free to come early to enjoy complimentary breakfast, ask questions of your instructor and network with other class participants.
Registration fee
$795 (save $100 - only $695 if paid three weeks prior to seminar). This fee includes continental breakfast, lunch and morning and afternoon breaks. The fee also includes course materials.
Cancellation policy
All class sizes are limited and your place in class is held exclusively for you. Registrations cancelled two weeks or more prior to the seminar date will receive a full refund minus a 10% administrative fee or a credit for 100% of the registration fee good towards any other Enerdynamics product. Registrations cancelled with less than two weeks notice but more than two days notice will receive a credit for 100% of the registration fee good towards any other Enerdynamics product. Registrations cancelled with less than two days notice are not eligible for refund or credit. Substitutions may be made at any time and without additional cost.
Contact us at 866-765-5432 or 'info' for more information.
-
CPE credits? Absolutely!
-
Bring this seminar onsite
-
No risk to you!
![Close [X]](../_images/btn_X.png "Close [X]"){kind=small}