Frequently Asked Questions
What are Mcf, Btu, and therms? How do I convert prices in Mcf to Btus and therms?
M — is one thousand (1,000); MM equals one million (1,000,000).
Mcf — is the volume of 1,000 cubic feet (cf) of natural gas.
MMBtu — is 1,000,000 British thermal units (Btu). One Btu is the heat required to raise the temperature of one pound of water by one degree Fahrenheit.
Therm — One therm equals 100,000 Btu, or 0.10 MMBtu.
In 2011, the average heat content of natural gas for the residential, commercial, and industrial sectors was about 1,023 Btu per cf; one Mcf = 1.023 MMBtu or 10.23 therms.
You can convert prices from one basis to another as follows:
$ per Mcf divided by 1.023 = $ per MMBtu
$ per Mcf divided by 10.23 = $ per therm
$ per MMBtu multiplied by 1.023 = $ per Mcf
$ per therm multiplied by 10.23 = $ per Mcf
Learn more:
Natural Gas Conversion Calculator
Last updated: September 17, 2012
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