If you're good at judging what's coming just around the bin, you might find that you're a natural fit for becoming a natural gas trader. In this intense, fast-paced job, you'll be the one who buys and sells natural gas products on various stock and commodities exchanges by estimating usage and production.
In this role, you'll be focused on ensuring a constant, safe, and reliable supply of natural gas to the customer while maximizing profits. As a natural gas trader, your key task will be to estimate consumption accurately. You'll want to avoid having customers overpay for a product they can't consume. Likewise, you won't want to be responsible for a business halting production because supplies are diminished due to an incorrect forecast on your part.
Since natural gas is an ever-evolving industry, you'll need to keep track of daily prices and events that affect market conditions constantly. In addition, you'll want to stay on top of how gas is held in reserve so that you can decide when to sell excess or buy in quantity.
If you want to get into this field, you'll typically need a Bachelor's degree in business, finance, accounting, or a related field. Earning designations such as Certified Commodities Trader may also make you more competitive in the job market.
There is more than meets the eye when it comes to being a Natural Gas Trader. For example, did you know that they make an average of $49.75 an hour? That's $103,477 a year!
Between 2018 and 2028, the career is expected to grow 4% and produce 18,500 job opportunities across the U.S.
There are certain skills that many Natural Gas Traders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Customer-service skills and Detail oriented.
If you're interested in becoming a Natural Gas Trader, one of the first things to consider is how much education you need. We've determined that 78.4% of Natural Gas Traders have a bachelor's degree. In terms of higher education levels, we found that 14.4% of Natural Gas Traders have master's degrees. Even though most Natural Gas Traders have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a Natural Gas Trader. When we researched the most common majors for a Natural Gas Trader, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Natural Gas Trader resumes include High School Diploma degrees or Associate Degree degrees.
You may find that experience in other jobs will help you become a Natural Gas Trader. In fact, many Natural Gas Trader jobs require experience in a role such as Trader. Meanwhile, many Natural Gas Traders also have previous career experience in roles such as Scheduler or Real Time Trader.