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Browse terms related to these fuel groups:alternative fuels|coal|electricity|natural gas|nuclear|petroleum|renewable

Spot market (natural gas)

Spot market (natural gas):  A market in which natural gas is bought and sold for immediate or very near-term delivery, usually for a period of 30 days or less. The transaction does not imply a continuing arrangement between the buyer and the seller. A spot market is more likely to develop at a location with numerous pipeline interconnections, thus allowing for a large number of buyers and sellers. The Henry Hub in southern Louisiana is the best known spot market for natural gas.

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