Alcohol: The family name of a group of organic chemical compounds composed of carbon, hydrogen, and oxygen. The series of molecules vary in chain length and are composed of a hydrocarbon plus a hydroxyl group; CH3-(CH2)n-OH (e.g., methanol, ethanol, and tertiary butyl alcohol).
- Low Pressure. A processing unit operating at less than 225 pounds per square inch gauge (PSIG) measured at the outlet separator.
- High pressure. A processing unit operating at either equal to or greater than 225 pounds per square inch gauge (PSIG) measured at the outlet separator.
- acquired by the respondent for processing for his own account in accordance with accounting procedures generally accepted and consistently and historically applied by the refiner concerned,
- in the case of a processing agreement, delivered to another refinery for processing for the respondent’s own account.
- Parent: A firm that is not directly or indirectly controlled by another entity.
- Parent and its Consolidated Entities: A parent and those firms (if any) that are affiliated with the parent entity for purposes of financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). An individual shall be deemed to control a firm that is directly or indirectly controlled by him/her or by his/her father, mother, spouse, children, or grandchildren.
- Unconsolidated Entity: A firm that is affiliated with a parent entity but not consolidated with the parent entity for purposes of financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). An individual shall be deemed to control a firm that is directly or indirectly controlled by him/her or by his/her father, mother, spouse, children, or grandchildren.
- Affiliate: An entity that is directly or indirectly owned, operated, or controlled by another entity.
- Parent and Affiliated Firms: A parent and those firms that are its consolidated and/or unconsolidated entities.
- Unfinished oils coming out of a crude oil distillation unit which are input into a catalytic cracking unit are considered fresh feed to the catalytic cracking unit.
- Unfinished oils coming out of a catalytic cracking unit being looped back into the same catalytic cracking unit to be reprocessed are not considered fresh feed.
- Commercial: Kerosene-type jet fuel intended for use in commercial aircraft.
- Military: Kerosene-type jet fuel intended for use in military aircraft.
- Algeria (1969-present)
- Angola (2007-present)
- Ecuador (1973-1992 and 2007-present)
- Gabon (1975-1994 and 2016-present)
- Indonesia (1962-2008 and 2016-present)
- Iran (1960-present)
- Iraq (1960-present)
- Kuwait (1960-present)
- Libya (1962-present)
- Nigeria (1971-present)
- Qatar (1961-present)
- Saudi Arabia (1960-present)
- United Arab Emirates (1967-present) and
- Venezuela (1960-present)
Alkylate: The product of an alkylation reaction. It usually refers to the high-octane product from alkylation units. This alkylate is used in blending high octane gasoline.
Alkylation: A refining process for chemically combining isobutane with olefin hydrocarbons (e.g., propylene, butylene) through the control of temperature and pressure in the presence of an acid catalyst, usually sulfuric acid or hydrofluric acid. The product alkylate, an isoparaffin, has high octane value and is blended with motor and aviation gasoline to improve the antiknock value of the fuel.
API gravity: American Petroleum Institute measure of specific gravity of crude oil or condensate in degrees. An arbitrary scale expressing the gravity or density of liquid petroleum products. The measuring scale is calibrated in terms of degrees API; it is calculated as follows:
Degrees API = (141.5 / sp.gr.60 deg.F/60 deg.F) – 131.5
Aromatics: Hydrocarbons characterized by unsaturated ring structures of carbon atoms. Commercial petroleum aromatics are benzene, toluene, and xylene.
Asphalt: A dark brown-to-black cement-like material obtained by petroleum processing and containing bitumens as the predominant component; used primarily for road construction. It includes crude asphalt as well as the following finished products: cements, fluxes, the asphalt content of emulsions (exclusive of water), and petroleum distillates blended with asphalt to make cutback asphalts. Note: The conversion factor for asphalt is 5.5 barrels per short ton.
Atmospheric crude oil distillation: The refining process of separating crude oil components at atmospheric pressure by heating to temperatures of about 600 degrees to 750 degrees Fahrenheit (depending on the nature of the crude oil and desired products) and subsequent condensing of the fractions by cooling.
Aviation gasoline (finished): A complex mixture of relatively volatile hydrocarbons with or without small quantities of additives, blended to form a fuel suitable for use in aviation reciprocating engines. Fuel specifications are provided in ASTM Specification D 910 and Military Specification MIL-G-5572. Note: Data on blending components are not counted in data on finished aviation gasoline.
Aviation gasoline blending components: Naphthas that will be used for blending or compounding into finished aviation gasoline (e.g., straight run gasoline, alkylate, reformate,benzene, toluene, and xylene). Excludes oxygenates (alcohols, ethers), butane, and pentanes plus. Oxygenates are reported as other hydrocarbons, hydrogen, and oxygenates.
Barrel: A unit of volume equal to 42 U.S. gallons.
Barrels per calendar day: The amount of input that a distillation facility can process under usual operating conditions. The amount is expressed in terms of capacity during a 24-hour period and reduces the maximum processing capability of all units at the facility under continuous operation (see Barrels per Stream Day) to account for the following limitations that may delay, interrupt, or slow down production. 1. the capability of downstream processing units to absorb the output of crude oil processing facilities of a given refinery. No reduction is necessary for intermediate streams that are distributed to other than downstream facilities as part of a refinery’s normal operation; 2. the types and grades of inputs to be processed; 3. the types and grades of products expected to be manufactured; 4. the environmental constraints associated with refinery operations; 5. the reduction of capacity for scheduled downtime due to such conditions as routine inspection, maintenance, repairs, and turnaround; and 6. the reduction of capacity for unscheduled downtime due to such conditions as mechanical problems, repairs, and slowdowns.
Barrels per stream day: The maximum number of barrels of input that a distillation facility can process within a 24-hour period when running at full capacity under optimal crude and product slate conditions with no allowance for downtime.
Benzene (C6H6): An aromatic hydrocarbon present in small proportion in some crude oils and made commercially from petroleum by the catalytic reforming of naphthenes in petroleum naphtha. Also made from coal in the manufacture of coke. Used as a solvent in the manufacture of detergents, synthetic fibers, petrochemicals, and as a component of high-octane gasoline.
Blending components: See Motor gasoline blending components.
Blending plant: A facility that has no refining capability but is either capable of producing finished motor gasoline through mechanical blending or blends oxygenates with motor gasoline.
Bonded petroleum imports: Petroleum imported and entered into Customs bonded storage. These imports are not included in the import statistics until they are (1) withdrawn from storage free of duty for use as fuel for vessels and aircraft engaged in international trade; or (2) withdrawn from storage with duty paid for domestic use.
BTX: The acronym for the commercial petroleum aromatics– benzene, toluene, and xylene.
Bulk sales: Wholesale sales of gasoline in individual transactions which exceed the size of a truckload.
Bulk station: A facility used primarily for the storage and/or marketing of petroleum products, which has a total bulk storage capacity of less than 50,000 barrels and receives its petroleum products by tank car or truck.
Bulk terminal: A facility used primarily for the storage and/or marketing of petroleum products, which has a total bulk storage capacity of 50,000 barrels or more and/or receives petroleum products by tanker, barge, or pipeline.
Butane (C4H10): A straight-chain or branch-chain hydrocarbon extracted from natural gas or refinery gas streams, which is gaseous at standard temperature and pressure. It includes isobutane and normal butane and is designated in ASTM Specification D1835 and Gas Processors Association specifications for commercial butane.
Butylene (C4H8): An olefinic hydrocarbon recovered from refinery or petrochemical processes, which is gaseous at standard temperature and pressure. Butylene is used in the production of gasoline and various petrochemical products.
Captive refinery oxygenate plants: Oxygenate production facilities located within or adjacent to a refinery complex.
Catalytic cracking: The refining process of breaking down the larger, heavier, and more complex hydrocarbon molecules into simpler and lighter molecules. Catalytic cracking is accomplished by the use of a catalytic agent and is an effective process for increasing the yield of gasoline from crude oil. Catalytic cracking processes fresh feeds and recycled feeds.
Catalytic hydrocracking: A refining process that uses hydrogen and catalysts with relatively low temperatures and high pressures for converting middle boiling or residual material to high octane gasoline, reformer charge stock, jet fuel, and /or high grade fuel oil. The process uses one or more catalysts, depending on product output, and can handle high sulfur feed stocks without prior desulfurization.
Catalytic hydrotreating: A refining process for treating petroleum fractions from atmospheric or vacuum distillation units (e.g., naphthas, middle distillates, reformer feeds, residual fuel oil, and heavy gas oil) and other petroleum (e.g., cat cracked naphtha,coker naphtha, gas oil, etc.) in the presence of catalysts and substantial quantities of hydrogen. Hydrotreating includes desulfurization, removal of substances (e.g., nitrogen compounds) that deactivate catalysts, conversion of olefins to paraffins to reduce gum formation in gasoline, and other processes to upgrade the quality of the fractions.
Catalytic reforming: A refining process using controlled heat and pressure with catalysts to rearrange certain hydrocarbon molecules, there by converting paraffinic and naphthenic type hydrocarbons (e.g., low octane gasoline boiling range fractions) into petrochemical feedstocks and higher octane stocks suitable for blending into finished gasoline. Catalytic reforming is reported in two categories. They are:
Charge capacity: The input (feed) capacity of the refinery processing facilities.
CIF (cost, insurance, freight): This term refers to a type of sale in which the buyer of the product agrees to pay a unit price that includes the f.o.b. value of the product at the point of origin plus all costs of insurance and transportation. This type of a transaction differs from a “delivered” purchase, in that the buyer accepts the quantity as determined at the loading port (as certified by the Bill of Lading and Quality Report) rather than pay based on the quantity and quality ascertained at the unloading port. It is similar to the terms of an f.o.b. sale, except that the seller, as a service for which he is compensated, arranges for transportation and insurance.
Coal: A readily combustible black or brownish-black rock whose composition, including inherent moisture, consists of more than 50 percent by weight and more than 70 percent by volume of carbonaceous material. It is theorized by the scientific community to be formed from plant remains that have been compacted, hardened, chemically altered, and metamorphosed by heat and pressure over geologic time.
Commercial sector: An energy-consuming sector that consists of service-providing facilities and equipment of businesses; Federal, State, and local governments; and other private and public organizations, such as religious, social, or fraternal groups. The commercial sector includes institutional living quarters. It also includes sewage treatment facilities. Common uses of energy associated with this sector include space heating, water heating, air conditioning, lighting, refrigeration, cooking, and running a wide variety of other equipment. Note: This sector includes generators that produce electricity and/or useful thermal output primarily to support the activities of the above-mentioned commercial establishments.
Conventional gasoline: Finished motor gasoline not included in the oxygenated or reformulated gasoline categories. Note: This category excludes reformulated gasoline blendstock for oxygenate blending (RBOB) as well as other blendstock.
Cost, insurance, freight (CIF): A type of sale in which the buyer of the product agrees to pay a unit price that includes the f.o.b. value of the product at the point of origin plus all costs of insurance and transportation. This type of transaction differs from a “delivered” purchase in that the buyer accepts the quantity as determined at the loading port (as certified by the Bill of Lading and Quality Report) rather than pay on the basis of the quantity and quality ascertained at the unloading port. It is similar to the terms of an f.o.b. sale except that the seller, as a service for which he is compensated, arranges for transportation and insurance.
Crude oil: A mixture of hydrocarbons that exists in liquid phase in natural underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities. Depending upon the characteristics of the crude stream, it may also include 1. Small amounts of hydrocarbons that exist in gaseous phase in natural underground reservoirs but are liquid at atmospheric pressure after being recovered from oil well (casing head) gas in lease separators and are subsequently comingled with the crude stream without being separately measured. Lease condensate recovered as a liquid from natural gas wells in lease or field separation facilities and later mixed into the crude stream is also included; 2. Small amounts of non-hydrocarbons produced with the oil, such as sulfur and various metals; 3. Drip gases, and liquid hydrocarbons produced from tar sands, oil sands, gilsonite, and oil shale.
Liquids produced at natural gas processing plants are excluded. Crude oil is refined to produce a wide array of petroleum products, including heating oils; gasoline, diesel and jet fuels; lubricants; asphalt; ethane, propane, and butane; and many other products used for their energy or chemical content.
Crude oil acquisitions (unfinished oil acquisitions): The volume of crude oil either:
Crude oil that has not been added by a refiner to inventory and that is thereafter sold or otherwise disposed of without processing for the account of that refiner shall be deducted from its crude oil purchases at the time when the related cost is deducted from refinery inventory in accordance with accounting procedures generally applied by the refiner concerned. Crude oil processed by the respondent for the account of another is not a crude oil acquisition.
Crude oil losses: Represents the volume of crude oil reported by petroleum refineries as being lost in their operations. These losses are due to spills, contamination, fires, etc., as opposed to refining processing losses.
Crude oil production: The volume of crude oil produced from oil reservoirs during given periods of time. The amount of such production for a given period is measured as volumes delivered from lease storage tanks (i.e., the point of custody transfer) to pipelines, trucks, or other media for transport to refineries or terminals with adjustments for (1) net differences between opening and closing lease inventories, and (2) basic sediment and water (BSw).
Crude oil qualities: Refers to two properties of crude oil, the sulfur content, and API gravity, which affect processing complexity and product characteristics.
Crude oil stream: Crude oil produced in a particular field or a collection of crude oils with similar qualities from fields in close proximity, which the petroleum industry usually describes with a specific name, such as West Texas Intermediate or Saudi Light.
Crude oil, refinery receipts: Receipts of domestic and foreign crude oil at a refinery. Includes all crude oil in transit except crude oil in transit by pipeline. Foreign crude oil is reported as a receipt only after entry through customs. Crude oil of foreign origin held in bonded storage is excluded.
Dealer tank wagon (DTW) sales: Wholesale sales of gasoline priced on a delivered basis to a retail outlet.
Delayed coking: A process by which heavier crude oil fractions can be thermally decomposed under conditions of elevated temperatures and pressure to produce a mixture of lighter oils and petroleum coke. The light oils can be processed further in other refinery units to meet product specifications. The coke can be used either as a fuel or in other applications such as the manufacturing of steel or aluminum.
Denatured: Fuel ethanol that is rendered unfit for human consumption by the addition of a petroleum denaturant, typically pentanes plus or conventional motor gasoline. Fuel ethanol is usually denatured prior to transport from the ethanol production facility, by adding 2- to 5-volume-percent denaturant.
Desulfurization: The removal of sulfur, as from molten metals, petroleum oil, or flue gases.
Disposition, petroleum: A set of categories used to account for how crude oil and petroleum products are transferred, distributed, or removed from the supply stream. The categories include stock change, crude oil losses, refinery inputs, exports, and products supplied for domestic consumption.
Distillate fuel oil: A general classification for one of the petroleum fractions produced in conventional distillation operations. It includes diesel fuels and fuel oils. Products known as No. 1, No. 2, and No. 4 diesel fuel are used in on-highway diesel engines, such as those in trucks and automobiles, as well as off-highway engines, such as those in railroad locomotives and agricultural machinery. Products known as No. 1, No. 2, and No. 4 fuel oils are used primarily for space heating and electric power generation.
Domestic crude oil: Crude oil produced in the United States including the Outer Continental Shelf (OCS).
Ending stocks: Primary stocks of crude oil and petroleum products held in storage as of 12 midnight on the last day of the month. Primary stocks include crude oil or petroleum products held in storage at (or in) leases, refineries, natural gas processing plants, pipelines, tank farms, and bulk terminals that can store at least 50,000 barrels of petroleum products or that can receive petroleum products by tanker, barge, or pipeline. Crude oil that is in-transit by water from Alaska or that is stored on Federal leases or in the Strategic Petroleum Reserve is included. Primary Stocks exclude stocks of foreign origin that are held in bonded warehouse storage.
ETBE (ethyl tertiary butyl ether) (CH3)3COC2: An oxygenate blend stock formed by the catalytic etherification of isobutylene with ethanol.
Ethane (C2H6): A straight-chain saturated (paraffinic) hydrocarbon extracted predominantly from the natural gas stream, which is gaseous at standard temperature and pressure. It is a colorless gas that boils at a temperature of -127 degrees Fahrenheit.
Ether: A generic term applied to a group of organic chemical compounds composed of carbon, hydrogen, and oxygen, characterized by an oxygen atom attached to two carbon atoms (e.g., methyl tertiary butyl ether).
Ethylene (C2H4): An olefinic hydrocarbon recovered from refinery or petrochemical processes, which is gaseous at standard temperature and pressure. Ethylene is used as a petrochemical feedstock for many chemical applications and the production of consumer goods.
Exports: Shipments of goods from within the 50 States and the District of Columbia to U.S. possessions and territories or to foreign countries.
Field production: Represents crude oil production on leases, including lease condensate. Excludes plant condensate and other processed liquids. Note: In some documents, field production includes NGPL production.
Firm: An association, company, corporation, estate, individual, joint venture, partnership, sole proprietorship, or any other entity, however organized, including: (a) charitable or educational institutions; (b) the Federal Government, including corporations, departments, federal agencies and other instrumentalities; and (c) state and local governments.
A firm may consist of (1) a parent entity, including the consolidated and unconsolidated entities (if any) that it directly or indirectly controls; (2) a parent and only its consolidated entities; (3) an unconsolidated entity; or (4) any part or combination of the above. Reporting by parent companies is preferred to minimize the possibility of double-counting or under-reporting.
First purchase (of crude oil): An equity (not custody) transaction commonly associated with the transfer of ownership of crude oil coupled with the physical removal of the crude oil from a property (lease) for the first time. A first purchase normally occurs at the time and place of ownership transfer where the crude oil volume sold is measured and recorded on a run ticket or other similar physical evidence of purchase. The reported price is the first purchase average cost paid by the purchaser, allowing for any adjustments (deductions or premiums) passed on to the producer or royalty owner.
First purchaser: A firm that acquires ownership of domestic crude oil by a first purchase transaction. Physical custody of the crude oil is not a prerequisite. In the case of multiple owners, only one firm should report to avoid double-counting.
Flexicoking: A thermal cracking process which converts heavy hydrocarbons such as crude oil, tar sands bitumen, and distillation residues into light hydrocarbons. Feed stocks can be any pumpable hydrocarbons including those containing high concentrations of sulfur and metals.
Fluid coking: A thermal cracking process utilizing the fluidized-solids technique to remove carbon (coke) for continuous conversion of heavy, low-grade oils into lighter products.
Free on board (f.o.b.): In the international petroleum industry, this term typically refers to the price of oil or natural gas actually charged at the producing country’s port of loading. The reported f.o.b. price includes deductions for any rebates and discounts or additions of premiums where applicable and should be the actual price paid to the seller with no adjustment for the cost of ocean freight, insurance, or credit. For coal and breeze, f.o.b. has the dual meaning of the price of coal at the coal mine, or the price of coal at the producer country’s port of loading, both before the cost of insurance, freight, and credit.
Fresh feed input: Represents input of material (crude oil, unfinished oils, natural gas liquids, other hydrocarbons and oxygenates or finished products) to processing units at a refinery that is being processed (input) into a particular unit for the first time.
Fuel ethanol: Ethanol intended for fuel use. Fuel ethanol in the United States must be anhydrous (less than 1 percent water). Fuel ethanol is denatured (made unfit for human consumption), usually prior to transport from the ethanol production facility, by adding 2 to 5 volume percent petroleum, typically pentanes plus or conventional motor gasoline. Fuel ethanol is used principally for blending in low concentrations with motor gasoline as an oxygenate or octane enhancer. In high concentrations, it is used to fuel alternative-fuel vehicles specially designed for its use.
Fuels solvent de-asphalting: A refining process for removing asphalt compounds from petroleum fractions, such as reduced crude oil. The recovered stream from this process is used to produce fuel products.
Gas plant operator: Any firm, including a natural gas processing plant owner, that operates a gas plant and keeps the gas plant records.
Gasohol: A blend of finished motor gasoline containing alcohol (generally ethanol but sometimes methanol) at a concentration between 5.7 percent and 10 percent by volume.
Gasoil: European and Asian designation for No. 2 heating oil and No. 2 diesel fuel.
Gasoline blending components: Naphthas which will be used for blending or compounding into finished aviation or motor gasoline (e.g., straight-run gasoline, alkylate, reformate, benzene, toluene and xylene). Excludes oxygenates (alcohols, ethers), butane, and pentanes plus.
Gross input to atmospheric crude oil distillation units: Total input to atmospheric crude oil distillation units. Includes all crude oil, lease condensate, natural gas plant liquids, unfinished oils, liquefied refinery gases, slop oils, and other liquid hydrocarbons produced from tar sands, gilsonite, and oil shale.
Group 3: A petroleum products spot market trading hub based in Tulsa, Oklahoma that serves the U.S. Mid-Continent region.
Heavy gas oil: Petroleum distillates with an approximate boiling range from 651 degrees Fahrenheit to 1000 degrees Fahrenheit.
High Sulfur Diesel (HSD) fuel: Diesel fuel containing more than 500 parts per million (ppm) sulfur.
Hydrocarbon gas liquids (HGL): A group of hydrocarbons including ethane, propane, normal butane, isobutane, and natural gasoline, and their associated olefins, including ethylene, propylene, butylene, and isobutylene. As marketed products, HGL represents all natural gas liquids (NGL) and olefins. EIA reports production of HGL from refineries (liquefied refinery gas, or LRG) and natural gas plants (natural gas plant liquids, or NGPL). Excludes liquefied natural gas (LNG).
Hydrogen: The lightest of all gases, occurring chiefly in combination with oxygen in water; exists also in acids, bases, alcohols, petroleum, and other hydrocarbons.
Idle capacity: The component of operable capacity that is not in operation and not under active repair, but capable of being placed in operation within 30 days; and capacity not in operation but under active repair that can be completed within 90 days.
Imported crude oil burned as fuel: The amount of foreign crude oil burned as a fuel oil, usually as residual fuel oil, without being processed as such. Imported crude oil burned as fuel includes lease condensate and liquid hydrocarbons produced from tarsands, gilsonite, and oil shale.
Imports: Receipts of goods into the 50 States and the District of Columbia from U.S. possessions and territories or from foreign countries.
Industrial sector: An energy-consuming sector that consists of all facilities and equipment used for producing, processing, or assembling goods. The industrial sector encompasses the following types of activity manufacturing (NAICS codes 31-33); agriculture, forestry, fishing and hunting (NAICS code 11); mining, including oil and gas extraction (NAICS code 21); and construction (NAICS code 23). Overall energy use in this sector is largely for process heat and cooling and powering machinery, with lesser amounts used for facility heating, air conditioning, and lighting. Fossil fuels are also used as raw material inputs to manufactured products.
Note: This sector includes generators that produce electricity and/or useful thermal output primarily to support the above-mentioned industrial activities.
Isobutane (C4H10): A branch-chain saturated (paraffinic) hydrocarbon extracted from both natural gas and refinery gas streams, which is gaseous at standard temperature and pressure. It is a colorless gas that boils at a temperature of 11 degrees Fahrenheit.
Isobutylene (C4H8): A branch-chain olefinic hydrocarbon recovered from refinery or petrochemical processes, which is gaseous at standard temperature and pressure. Isobutylene is used in the production of gasoline and various petrochemical products.
Isohexane ((C6H14): A saturated branch-chain hydrocarbon. It is a colorless liquid that boils at a temperature of 156.2 degrees Fahrenheit.
Isomerization: A refining process that alters the fundamental arrangement of atoms in the molecule without adding or removing anything from the original material. Used to convert normal butane into isobutane (C4), an alkylation process feedstock, and normal pentane and hexane into isopentane (C5) and isohexane (C6), high-octane gasoline components.
Isopentane: A saturated branched-chain hydrocarbon ((C5H12) obtained by fractionation of natural gasoline or isomerization of normal pentane.
Kerosene: A light petroleum distillate that is used in space heaters, cook stoves, and water heaters and is suitable for use as a light source when burned in wick-fed lamps. Kerosene has a maximum distillation temperature of 400 degrees Fahrenheit at the 10-percent recovery point, a final boiling point of 572 degrees Fahrenheit, and a minimum flash point of 100 degrees Fahrenheit. Included are No. 1-K and No. 2-K, the two grades recognized by ASTM Specification D 3699 as well as all other grades of kerosene called range or stove oil, which have properties similar to those of No. 1 fuel oil.
Kerosene-type jet fuel: A kerosene-based product having a maximum distillation temperature of 400 degrees Fahrenheit at the 10-percent recovery point and a final maximum boiling point of 572 degrees Fahrenheit and meeting ASTM Specification D 1655and Military Specifications MIL-T-5624P and MIL-T-83133D (Grades JP-5and JP-8). It is used for commercial and military turbo jet and turbo prop aircraft engines.
Lease condensate: Light liquid hydrocarbons recovered from lease separators or field facilities at associated and non-associated natural gas wells. Mostly pentanes and heavier hydrocarbons. Normally enters the crude oil stream after production.
Lease separator: A facility installed at the surface for the purpose of separating the full well stream volume into two or three parts at the temperature and pressure conditions set by the separator. For oil wells, these parts include produced crude oil, natural gas, and water. For gas wells, these parts include produced natural gas, lease condensate, and water.
Light gas oils: Liquid petroleum distillates heavier than naphtha, with an approximate boiling range from 401 degrees to 650 degrees Fahrenheit.
Liquefied petroleum gases (LPG): A group of hydrocarbon gases, primarily propane, normal butane, and isobutane, derived from crude oil refining or natural gas processing. These gases may be marketed individually or mixed. They can be liquefied through pressurization (without requiring cryogenic refrigeration) for convenience of transportation or storage. Excludes ethane and olefins.
Note: In some documents, LPG includes ethane and marketed refinery olefin streams.
Liquefied refinery gases (LRG): Hydrocarbon gas liquids produced in refineries from processing of crude oil and unfinished oils. They are retained in the liquid state through pressurization and/or refrigeration. Include ethane, propane, normal butane, isobutane, and refinery olefins (ethylene, propylene, butylene, and isobutylene).
Liquid fuels: All petroleum including crude oil and products of petroleum refining, natural gas liquids, biofuels, and liquids derived from other hydrocarbon sources (including coal to liquids and gas to liquids). Not included are liquefied natural gas (LNG) and liquid hydrogen.
Lubricants: Substances used to reduce friction between bearing surfaces, or incorporated into other materials used as processing aids in the manufacture of other products, or used as carriers of other materials. Petroleum lubricants may be produced either from distillates or residues. Lubricants include all grades of lubricating oils, from spindle oil to cylinder oil to those used in greases.
MANE-VU (Mid-Atlantic/Northeast Visibility Union) : An organization formed by the Mid-Atlantic and Northeastern states, tribes, and federal agencies to coordinate planning activities to reduce haze (air pollution) in the region. The organization encourages a coordinated approach to meeting the requirements of EPA’s Regional Haze Rules and reducing visibility impairment in major national parks and wilderness areas in the Northeast and Mid-Atlantic regions.
MARAMA (Mid-Atlantic Regional Air Management Association, Inc.) : A voluntary, non-profit association of ten Mid-Atlantic state and local air pollution control agencies.
Merchant oxygenate plants: Oxygenate production facilities that are not associated with a petroleum refinery. Production from these facilities is sold under contract or on the spot market torefiners or other gasoline blenders.
Methanol (CH3OH): A light, volatile alcohol eligible for gasoline blending.
Middle distillates: A general classification of refined petroleum products that includes distillate fuel oil and kerosene.
Miscellaneous petroleum products: Includes all finished products not classified elsewhere (e.g., petrolatum lube refining by products (aromatic extracts and tars), absorption oils, ram-jet fuel, petroleum rocket fuels, synthetic natural gas feed stocks, and specialty oils).
Motor gasoline (finished): A complex mixture of relatively volatile hydrocarbons with or without small quantities of additives, blended to form a fuel suitable for use in spark-ignition engines. Motor gasoline, as defined in ASTM Specification D 4814 or Federal Specification VV-G-1690C, is characterized as having a boiling range of 122 to 158 degrees Fahrenheit at the 10 percent recovery point to 365 to 374 degrees Fahrenheit at the 90 percent recovery point. Motor Gasoline includes conventional gasoline; all types of oxygenated gasoline, including gasohol; and reformulated gasoline, but excludes aviation gasoline.
Note: Volumetric data on blending components, such as oxygenates, are not counted in data on finished motor gasoline until the blending components are blended into the gasoline.
Motor gasoline blending: Mechanical mixing of motor gasoline blending components, and oxygenates when required, to produce finished motor gasoline. Finished motor gasoline may be further mixed with other motor gasoline blending components or oxygenates, resulting in increased volumes of finished motor gasoline and/or changes in the formulation of finished motor gasoline (e.g., conventional motor gasoline mixed with MTBE to produce oxygenated motor gasoline).
Motor gasoline blending components: Naphthas (e.g., straight-run gasoline, alkylate, reformate, benzene, toluene, xylene) used for blending or compounding into finished motor gasoline. These components include reformulated gasoline blend stock for oxygenate blending (RBOB) but exclude oxygenates (alcohols, ethers), butane, and pentanes plus. Note Oxygenates are reported as individual components and are included in the total for other hydrocarbons, hydrogens, and oxygenates.
MTBE (methyl tertiary butyl ether) (CH3)3COCH3: An ether intended for gasoline blending as described in “Oxygenates.”
Naphtha: A generic term applied to a refined or partially refined petroleum fraction with an approximate boiling range between 122 degrees and 400 degrees Fahrenheit.
Naphtha-type jet fuel: A fuel in the heavy naphtha boiling range having an average gravity of 52.8 degrees API, 20% to 90% distillation temperatures of 290 degrees to 470 degrees Fahrenheit, and meeting Military Specification MIL-T-5624L (Grade JP-4).It is used primarily for military turbojet and turboprop aircraft engines because it has a lower freeze point than other aviation fuels and meets engine requirements at high altitudes and speeds.
Note: Beginning with January 2004 data, naphtha-type jet fuel is included in Miscellaneous Products .
Natural gas: A gaseous mixture of hydrocarbon compounds, the primary one being methane.
Natural gas field facility: A field facility designed to process natural gas produced from more than one lease for the purpose of recovering condensate from a stream of natural gas; however, some field facilities are designed to recover propane, normal butane, pentanes plus, etc., and to control the quality of natural gas to be marketed.
Natural Gas Liquids (NGL): A group of hydrocarbons including ethane, propane, normal butane, isobutane, and natural gasoline. Generally include natural gas plant liquids and all liquefied refinery gases except olefins.
Natural gas plant liquids (NGPL): Those hydrocarbons in natural gas that are separated as liquids at natural gas processing, fractionating, and cycling plants. Products obtained include ethane, liquefied petroleum gases (propane, normal butane, and isobutane), and natural gasoline. Component products may be fractionated or mixed. Lease condensate and plant condensate are excluded.
Natural gas plant liquids (NGPL) production: The extraction of gas plant liquids constituents such as ethane, propane, normal butane, isobutane, and natural gasoline, sometimes referred to as extraction loss. Usually reported in barrels or gallons, but may be reported in cubic feet for purposes of comparison with dry natural gas volumes.
Natural gas processing plant: Facilities designed to recover natural gas liquids from a stream of natural gas that may or may not have passed through lease separators and/or field separation facilities. These facilities control the quality of the natural gas to be marketed. Cycling plants are classified as gas processing plants.
Natural Gasoline and Isopentane: A mixture of hydrocarbons, mostly pentanes and heavier, extracted from natural gas, that meets vapor pressure, end-point, and other specifications for natural gasoline set by the Gas Processors Association. Includes isopentane which is a saturated branch-chain hydrocarbon, (C5H12), obtained by fractionation of natural gasoline or isomerization of normal pentane.
Net Receipts: The difference between total movements into and total movements out of each PAD District by pipeline, tanker, and barge.
No. 2 fuel oil (heating oil): A distillate fuel oil that has distillation temperatures of 400 degrees Fahrenheit at the 10-percent recovery point and 640 degrees Fahrenheit at the 90-percent recovery point and meets the specifications defined in ASTM Specification D 396. It is used in atomizing type burners for domestic heating or for moderate capacity commercial/industrial burner units.
No. 5 Residual fuel oil: A residual fuel oil of medium viscosity, used in steam-powered vessels in government service and power plants, which is also known as “Navy Special” and is defined in Military Specification MIL-F-859E, including Amendment 2 (NATO Symbol F-770). See residual fuel oil.
No. 6 Residual fuel oil: Includes Bunker C fuel oil and is used for the production of electric power, space heating, vessel bunkering, and various industrial purposes.
Octane rating: A number used to indicate gasoline’s antiknock performance in motor vehicle engines. The two recognized laboratory engine test methods for determining the antiknock rating, i.e., octane rating, of gasolines are the Research method and the Motor method. To provide a single number as guidance to the consumer, the antiknock index (R + M)/2, which is the average of the Research and Motor octane numbers, was developed.
Olefinic hydrocarbons (olefins): Unsaturated hydrocarbon compounds with the general formula CnH2n containing at least one carbon-to-carbon double-bond. Olefins are produced at crude oil refineries and petrochemical plants and are not naturally occurring constituents of oil and natural gas. Sometimes referred to as alkenes or unsaturated hydrocarbons. Excludes aromatics.
OPEC (Organization of the Petroleum Exporting Countries): An intergovernmental organization whose stated objective is to “coordinate and unify the petroleum policies of member countries.” It was created at the Baghdad Conference on September 10-14, 1960. Current members (with years of membership) include:
Operable utilization rate: Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operable refining capacity of the units.
Operating capacity: The component of operable capacity that is in operation at the beginning of the period.
Operating utilization rate: Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operating refining capacity of the units.
OPRG ( Oxygenated fuels Program Reformulated Gasoline): Is reformulated gasoline that is intended for use in an oxygenated fuels program control area during an oxygenated fuels program control period.
Other end users: For motor gasoline, all direct sales to end users other than those made through company outlets. For No. 2 distillate, all direct sales to end users other than residential, commercial/institutional, industrial sales, and sales through company outlets. Included in the “other end users” category are sales to utilities and agricultural users.
Other Hydrocarbons: Materials received by a refinery and consumed as a raw material. Includes hydrogen, coal tar derivatives, gilsonite. Excludes natural gas used for fuel or hydrogen feedstock.
Other oils equal to or greater than 401 degrees Fahrenheit: Oils with a boiling range equal to or greater than 401 degrees Fahrenheit that are intended for use as a petrochemical feedstock.
Oxygenated gasoline: Finished motor gasoline, other than reformulated gasoline, having an oxygen content of 2.7percent or higher by weight and required by the U.S. Environmental Protection Agency (EPA) to be sold in areas designated by EPA as carbon monoxide (CO) non-attainment areas. See Non-attainment area.
Note: Oxygenated gasoline excludes oxygenated fuels program reformulated gasoline (OPRG) and reformulated gasoline blendstock for oxygenate blending (RBOB). Data on gasohol that has at least 2.7 percent oxygen, by weight, and is intended for sale inside CO non-attainment areas are included in data on oxygenated gasoline. Other data on gasohol (for use outside of non-attainment areas) are included in data on conventional gasoline.
Oxygenates: Substances which, when added to gasoline, increase the amount of oxygen in that gasoline blend. Fuel ethanol, Methyl Tertiary Butyl Ether (MTBE), Ethyl Tertiary Butyl Ether (ETBE), and methanol are common oxygenates.
PAD Districts or PADD: See Petroleum Administration for Defense Districts.
Paraffinic hydrocarbons: Saturated hydrocarbon compounds with the general formula CnH2n+2 containing only single bonds. Sometimes referred to as alkanes or natural gas liquids.
Parent and its Consolidated Entities: A parent and those firms (if any) that are affiliated with the parent entity for purposes of financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). An individual shall be deemed to control a firm that is directly or indirectly controlled by him/her or by his/her father, mother, spouse, children, or grandchildren. See firm.
Pentanes plus: A mixture of liquid hydrocarbons, mostly pentanes and heavier, extracted from natural gas in a gas processing plant. Pentanes plus is equivalent to natural gasoline.
Persian Gulf: The countries that surround the Persian Gulf are: Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates.
Petrochemical feedstocks: Chemical feedstocks derived from refined or partially refined petroleum fraction, principally for use in the manufacturing of chemicals, synthetic rubber, and a variety of plastics.
Petroleum: A broadly defined class of liquid hydrocarbon mixtures. Included are crude oil, lease condensate, unfinished oils, refined products obtained from the processing of crude oil, and natural gas plant liquids.
Note: Volumes of finished petroleum products include non hydrocarbon compounds, such as additives and detergents, after they have been blended into the products.
Petroleum and other liquids: All petroleum including crude oil and products of petroleum refining, natural gas liquids, biofuels, and liquids derived from other hydrocarbon sources (including coal to liquids and gas to liquids). Not included are liquefied natural gas (LNG) and liquid hydrogen. See liquid fuels.
Petroleum coke: See Coke (petroleum).
Petroleum coke, catalyst: The carbonaceous residue that is deposited on the catalyst used in many catalytic operations (e.g., catalytic cracking). Carbon is deposited on the catalyst, thus deactivating the catalyst. The catalyst is reactivated by burning off the carbon producing heat and CO2. The carbonaceous residue is not recoverable as a product.
Petroleum coke, marketable: Those grades of coke produced in delayed or fluid cokers that may be recovered as relatively pure carbon. Marketable petroleum coke may be sold as is or further purified by calcining.
Petroleum consumption: See Products supplied
Petroleum imports: Imports of petroleum into the 50 states and the District of Columbia from foreign countries and from Puerto Rico, the Virgin Islands, and other U.S. territories and possessions. Included are imports for the Strategic Petroleum Reserve and withdrawals from bonded warehouses for onshore consumption, offshore bunker use, and military use.
Petroleum jelly: A semi-solid oily product produced from de-waxing lubricating oil basestocks.
Petroleum products: Petroleum products are obtained from the processing of crude oil (including lease condensate), natural gas, and other hydrocarbon compounds. Petroleum products include unfinished oils, liquefied petroleum gases, pentanes plus, aviation gasoline, motor gasoline, naphtha-type jet fuel, kerosene-type jet fuel, kerosene, distillate fuel oil, residual fuel oil, petrochemical feedstocks, special naphthas, lubricants, waxes, petroleum coke, asphalt, road oil, still gas, and miscellaneous products.
Petroleum refinery: An installation that manufactures finished petroleum products from crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and alcohol.
Petroleum stocks, primary: For individual products, quantities that are held at refineries, in pipelines and at bulk terminals that have a capacity of 50,000 barrels or more, or that are in transit thereto. Stocks held by product retailers and resellers, as well as tertiary stocks held at the point of consumption, are excluded. Stocks of individual products held at gas processing plants are excluded from individual product estimates but are included in other oils estimates and total.
Pipeline (petroleum): Crude oil and product pipelines used to transport crude oil and petroleum products, respectively (including interstate, intrastate, and intracompany pipelines), within the 50 states and the District of Columbia.
Plant condensate: Liquid hydrocarbons recovered at inlet separators or scrubbers in natural gas processing plants at atmospheric pressure and ambient temperatures. Mostly pentanes and heavier hydrocarbons.
Play: A set of known or postulated oil and gas accumulations sharing similar geologic, geographic, and temporal properties, such as source rock, migration pathway, timing, trapping mechanism, and hydrocarbon type. A play differs from an assessment unit; an assessment unit can include one or more plays. A play is often used to refer to a natural gas accumulation, i.e., a natural gas shale play.
Prime supplier: A firm that produces, imports, or transports selected petroleum products across State boundaries and local marketing areas, and sells the product to local distributors, local retailers, or end users.
Processing gain: The volumetric amount by which total output is greater than input for a given period of time. This difference is due to the processing of crude oil into products which, in total, have a lower specific gravity than the crude oil processed.
Processing loss: The volumetric amount by which total refinery output is less than input for a given period of time. This difference is due to the processing of crude oil into products which, in total, have a higher specific gravity than the crude oil processed.
Product supplied: Approximately represents consumption of petroleum products because it measures the disappearance of these products from primary sources, i.e., refineries, natural gas-processing plants, blending plants, pipelines, and bulk terminals. In general, product supplied of each product in any given period is computed as follows field production, plus refinery production, plus imports, plus unaccounted-for crude oil (plus net receipts when calculated on a PAD District basis) minus stock change, minus crude oil losses, minus refinery inputs, and minus exports.
Production capacity: The amount of product that can be produced from processing facilities.
Propane (C3H8): A straight-chain saturated (paraffinic) hydrocarbon extracted from natural gas or refinery gas streams, which is gaseous at standard temperature and pressure. It is a colorless gas that boils at a temperature of -44 degrees Fahrenheit. It includes all products designated in ASTM Specification D1835 and Gas Processors Association specifications for commercial (HD-5) propane.
Propane, consumer grade: A normally gaseous paraffinic compound (C3H8), which includes all products covered by Natural Gas Policy Act Specifications for commercial and HD-5 propane and ASTM Specification D 1835. Excludes: feedstock propanes, which are propanes not classified as consumer grade propanes, including the propane portion of any natural gas liquid mixes, i.e., butane-propane mix.
Propylene (C3H6): An olefinic hydrocarbon recovered from refinery or petrochemical processes, which is gaseous at standard temperature and pressure. Propylene is an important petrochemical feedstock.
Rack sales: Wholesale truckload sales or smaller of gasoline where title transfers at a terminal.
Reference month: The calendar month and year to which the reported cost, price, and volume information relates.
Refiner: A firm or the part of a firm that refines products or blends and substantially changes products, or refines liquid hydrocarbons from oil and gas field gases, or recovers liquefied petroleum gases incident to petroleum refining and sells those products to resellers, retailers, reseller/retailers or ultimate consumers. “Refiner” includes any owner of products that contracts to have those products refined and then sells the refined products to resellers, retailers, or ultimate consumers.
Refinery: An installation that manufactures finished petroleum products from crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and oxygenates.
Refinery input, crude oil: Total crude oil (domestic plus foreign) input to crude oil distillation units and other refinery processing units (cokers, etc.).
Refinery input, total: The raw materials and intermediate materials processed at refineries to produce finished petroleum products. They include crude oil, products of natural gas processing plants, unfinished oils, other hydrocarbons and oxygenates, motor gasoline and aviation gasoline blending components and finished petroleum products.
Refinery olefins: Subset of olefinic hydrocarbons (olefins) produced at crude oil refineries, including ethylene, propylene, butylene, and isobutylene.
Refinery production: Petroleum products produced at a refinery or blending plant. Published production of these products equals refinery production minus refinery input. Negative production will occur when the amount of a product produced during the month is less than the amount that is reprocessed (input) or reclassified to become another product during the same month. Refinery production of unfinished oils and motor and aviation gasoline blending components appear on a net basis under refinery input.
Refinery yield: Refinery yield (expressed as a percentage) represents the percent of finished product produced from input of crude oil and net input of unfinished oils. It is calculated by dividing the sum of crude oil and net unfinished input into the individual net production of finished products. Before calculating the yield for finished motor gasoline, the input of natural gas liquids, other hydrocarbons and oxygenates, and net input of motor gasoline blending components must be subtracted from the net production of finished aviation gasoline.
Reformulated gasoline: Finished gasoline formulated for use in motor vehicles, the composition and properties of which meet the requirements of the reformulated gasoline regulations promulgated by the U.S. Environmental Protection Agency under Section 211(k) of the Clean Air Act. It includes gasoline produced to meet or exceed emissions performance and benzene content standards of federal-program reformulated gasoline even though the gasoline may not meet all of the composition requirements (e.g. oxygen content) of federal-program reformulated gasoline.
Note: This category includes Oxygenated Fuels Program Reformulated Gasoline (OPRG). Reformulated gasoline excludes Reformulated Blendstock for Oxygenate Blending (RBOB) and Gasoline Treated as Blendstock (GTAB).
Reseller: A firm (other than a refiner) that is engaged in a trade or business that buys refined petroleum products and then sells them to a purchaser who is not the ultimate consumer of those refined products.
Residential sector: An energy-consuming sector that consists of living quarters for private households. Common uses of energy associated with this sector include space heating, water heating, air conditioning, lighting, refrigeration, cooking, and running a variety of other appliances. The residential sector excludes institutional living quarters.
Residual fuel oil: A general classification for the heavier oils, known as No. 5 and No. 6 fuel oils, that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery operations. It conforms to ASTM Specifications D 396 and D 975and Federal Specification VV-F-815C. No. 5, a residual fuel oil of medium viscosity, is also known as Navy Special and is defined in Military Specification MIL-F-859E, including Amendment 2 (NATO Symbol F-770). It is used in steam-powered vessels in government service and inshore powerplants. No. 6 fuel oil includes Bunker C fuel oil and is used for the production of electric power, space heating, vessel bunkering, and various industrial purposes.
Residuum: Residue from crude oil after distilling off all but the heaviest components, with a boiling range greater than 1,000 degrees Fahrenheit.
Retailer: A firm (other than a refiner, reseller, or reseller/retailer) that carries on the trade or business of purchasing refined petroleum products and reselling them to ultimate consumers without substantially changing their form.
Road oil: Any heavy petroleum oil, including residual asphaltic oil used as a dust palliative and surface treatment on roads and highways. It is generally produced in six grades, from 0, the most liquid, to 5, the most viscous.
Sales for resale: A type of wholesale sales covering energy supplied to other electric utilities, cooperatives, municipalities, and Federal and state electric agencies for resale to ultimate consumers.
Sales to end users: Sales made directly to the consumer of the product. Includes bulk consumers, such as agriculture, industry, and utilities, as well as residential and commercial consumers.
Sales type: Sales categories of sales to end-users and sales for resale.
Shell storage capacity: The design capacity of a petroleum storage tank which is always greater than or equal to working storage capacity.
Special naphthas: All finished products within the naphtha boiling range that are used as paint thinners, cleaners, or solvents. These products are refined to a specified flash point. Special naphthas include all commercial hexane and cleaning solvents conforming to ASTM Specification D1836 and D484, respectively. Naphthas to be blended or marketed as motor gasoline or aviation gasoline, or that are to be used as petrochemical and synthetic natural gas (SNG) feedstocks are excluded.
Steam: Water in vapor form; used as the working fluid in steam turbines and heating systems. Also see District heat .
Still gas: Any form or mixture of gases produced in refineries by distillation, cracking, reforming, and other processes. The principal constituents are methane and ethane. May contain hydrogen and small/trace amounts of other gases. Still gas is typically consumed as refinery fuel or used as petrochemical feedstock. Still gas burned for refinery fuel may differ in composition from marketed still gas sold to other users.
Stock change: The difference between stocks at the beginning of the reporting period and stocks at the end of the reporting period. Note: A negative number indicates a decrease (i.e., a drawdown) in stocks and a positive number indicates an increase (i.e., a buildup) in stocks during the reporting period.
Strategic Petroleum Reserve (SPR): Petroleum stocks maintained by the Federal Government for use during periods of major supply interruption.
Sulfur: A yellowish nonmetallic element, sometimes known as “brimstone.” It is present at various levels of concentration in many fossil fuels whose combustion releases sulfur compounds that are considered harmful to the environment. Some of the most commonly used fossil fuels are categorized according to their sulfur content, with lower sulfur fuels usually selling at a higher price. Note: No.2 Distillate fuel is currently reported as having either a 0.05 percent or lower sulfur level for on-highway vehicle use or a greater than 0.05 percent sulfur level for off-highway use, home heating oil, and commercial and industrial uses. Residual fuel, regardless of use, is classified as having either no more than 1 percent sulfur or greater than 1 percent sulfur. Coal is also classified as being low- sulfur at concentrations of 1 percent or less or high-sulfur at concentrations greater than 1 percent.
Supply: The components of petroleum supply are field production, refinery production, imports, and net receipts when calculated on a PAD District basis.
TAME: See Tertiary Amyl Methyl Ether.
Tank farm: An installation used by trunk and gathering pipeline companies, crude oil producers, and terminal operators (except refineries) to store crude oil.
Tanker and barge: Vessels that transport crude oil or petroleum products.
Tertiary butyl alcohol – (CH3)3COH: An alcohol primarily used as a chemical feedstock or a solvent or feedstock, for isobutylene production for MTBE (methyl tertiary butyl ether) and produced as a co-product of propylene oxide production or by direct hydration of isobutylene.
Thermal cracking: A refining process in which heat and pressure are used to break down, rearrange, or combine hydrocarbon molecules. Thermal-cracking includes gas oil, visbreaking, fluid coking, delayed coking, and other thermal cracking processes (e.g., flexicoking).
Tight oil: Oil produced from petroleum-bearing formations with low permeability such as the Eagle Ford, the Bakken, and other formations that must be hydraulically fractured to produce oil at commercial rates. Shale oil is a subset of tight oil.
Toluene (C6H5CH3): Colorless liquid of the aromatic group of petroleum hydrocarbons, made by the catalytic reforming of petroleum naphthas containing methyl cyclohexane. A high-octane gasoline-blending agent, solvent, and chemical intermediate, and a base for TNT (explosive).
Unaccounted for (crude oil): Represents the arithmetic difference between the calculated supply and the calculated disposition of crude oil. The calculated supply is the sum of crude oil production plus imports minus changes in crude oil stocks. The calculated disposition of crude oil is the sum of crude oil input to refineries, crude oil exports, crude oil burned as fuel, and crude oil losses.
Unfinished oils: All oils requiring further processing, except those requiring only mechanical blending. Unfinished oils are produced by partial refining of crude oil and include naphthas and lighter oils, kerosene and light gas oils, heavy gas oils, and residuum.
Unfractionated streams: Mixtures of unsegregated natural gas liquid components, excluding those in plant condensate. This product is extracted from natural gas.
Unit price: Total revenue derived from the sale of product during the reference month divided by the total volume sold; also known as the weighted average price. Total revenue should exclude all taxes but include transportation costs that were paid as part of the purchase price.
Vacuum distillation: Distillation under reduced pressure (less the atmospheric) which lowers the boiling temperature of the liquid being distilled. This technique with its relatively low temperatures prevents cracking or decomposition of the charge stock.
Visbreaking: A thermal cracking process in which heavy atmospheric or vacuum-still bottoms are cracked at moderate temperatures to increase production of distillate products and reduce viscosity of the distillation residues.
Wax: A solid or semi-solid material consisting of a mixture of hydrocarbons obtained or derived from petroleum fractions, or through a Fischer-Tropsch type process, in which the straight- chained paraffin series predominates. This includes all marketable wax, whether crude or refined, with a congealing point (ASTM D 938) between 100 and 200 degrees Fahrenheit and a maximum oil content (ASTM D 3235) of 50 weight percent.
Wellhead: The point at which the crude (and/or natural gas) exits the ground. Following historical precedent, the volume and price for crude oil production are labeled as “wellhead, “even though the cost and volume are now generally measured at the lease boundary. In the context of domestic crude price data, the term “wellhead” is the generic term used to reference the production site or lease property.
West Texas Intermediate (WTI – Cushing): A crude stream produced in Texas and southern Oklahoma which serves as a reference or “marker” for pricing a number of other crude streams and which is traded in the domestic spot market at Cushing, Oklahoma.
Working storage capacity: The difference in volume between the maximum safe fill capacity and the quantity below which pump suction is ineffective (bottoms).
Xylene (C6H4(CH3)2): Colorless liquid of the aromatic group of hydrocarbons made the catalytic reforming of certain naphthenic petroleum fractions. Used as high-octane motor and aviation gasoline blending agents, solvents, chemical intermediates. Isomers are metaxylene, orthoxylene, paraxylene.