Commodity ratio · live
Ethanol to Natural Gas Futures Ratio
The ethanol to natural gas futures ratio is 0.7681 — Ethanol at $2.12 per Gallon divided by Natural Gas Futures at $2.76 per Million British Thermal Units.
Prices as of Aug 24, 2026, 10:33 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Ethanol to Natural Gas Futures ratio
1.000 Gal of ethanol = 0.7681 MMBtu of natural gas futures
Inverse (NG-FUT/ETHANOL): 1.302 — one Million British Thermal Units of natural gas futures buys that much ethanol.
Near the top of its 1 year range — historically stretched. (99th percentile of the last 1 year)
Ethanol
$2.12
per Gallon
Natural Gas Futures
$2.76
per Million British Thermal Units
Unit basis: USD per Gallon ÷ USD per Million British Thermal Units. The ratio reads as Million British Thermal Unitss of natural gas futures per Gallon of ethanol. Prices as of Mon, 24 Aug 2026 10:33:14 GMT.
1Y average
0.5699
median 0.5937
1Y low
0.2456
Jan 25, 2026
1Y high
0.7840
Apr 24, 2026
Normal band
0.4414–0.6985
mean ± 1 std dev
Deviation from mean
+1.54σ
351 observations
Ethanol to Natural Gas Futures ratio charts
Pick a range once — it applies to the ETHANOL/NG-FUT ratio line, the OHLC candles and the Ethanol / Natural Gas Futures price chart below.
ETHANOL/NG-FUT ratio line
How many MMBtu of Natural Gas Futures one Gal of Ethanol buys, over 1Y.
ETHANOL/NG-FUT ratio candles
Open, high, low and close of the ETHANOL/NG-FUT ratio for each period in the last 1Y.
Ethanol and Natural Gas Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the ethanol to natural gas futures ratio
Ethanol to Natural Gas Futures ratio = Ethanol price per Gallon ÷ Natural Gas Futures price per Million British Thermal Units
The two legs use different units, so the result is a rate — Million British Thermal Unitss of natural gas futures per Gallon of ethanol — rather than a plain count.
Worked example, live prices: $2.12 ÷ $2.76 = 0.7681. The inverse is 1.302.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the ethanol to natural gas futures ratio today?
The ethanol to natural gas futures ratio is 0.7681 — Ethanol at $2.12 per Gallon divided by Natural Gas Futures at $2.76 per Million British Thermal Units, from live mid-market prices.
How do you calculate the ethanol to natural gas futures ratio?
Divide the ethanol price per Gallon by the natural gas futures price per Million British Thermal Units. If the two units differ, the result is a rate rather than a plain count — read it as Million British Thermal Unitss of natural gas futures per Gallon of ethanol.
What is the inverse of the ethanol to natural gas futures ratio?
The inverse, natural gas futures to ethanol, is 1.302 — how many Gallons of ethanol one Million British Thermal Units of natural gas futures buys.