  The gas fee, paid for inclusion in the blockchain, is analyzed in two parts.
First, we consider how effort in terms of resources required to process and
store a transaction turns into a gas limit, which, through a fee, comprised of
the base and priority fee in the current version of Ethereum, is converted into
the cost paid by the user. We hew closely to the Ethereum protocol to simplify
the analysis and to constrain the design choices when considering
multidimensional gas. Second, we assume that the gas price is given deus ex
machina by a fractional Ornstein-Uhlenbeck process and evaluate various
derivatives. These contracts can, for example, mitigate gas cost volatility.
The ability to price and trade forwards besides the existing spot inclusion
into the blockchain could be beneficial.
