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1 SPR=Strategic petroleum reserve. 2 Includes ethane. Source: U.S. Energy Information Administration, Petroleum Supply Annual. http://www.eia.doe.gov/oil_gas/petroleum/pet_frame.html * Definitions Barrel (petroleum): A unit of volume equal to 42 U. S. gallons. Crude Oil (Including Lease Condensate): A mixture of hydrocar- bons that exists in liquid phase in underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities. Included are lease condensate and liquid hydrocarbons pro- duced from tar sands, gilsonite, and oil shale. Drip gases are also included, but topped crude oil (residual oil) and other unfinished oils are excluded. Where identifiable, liquids produced at natural gas processing plants and mixed with crude oil are likewise excluded. Crude Oil Refinery Input: The total crude oil put into processing units at refineries. Crude Oil Stocks: Stocks of crude oil and lease condensate held at refineries, in pipelines, at pipeline terminals, and on leases. perature is the mean of the maximum and minimum temperatures for a 24- hour period. Distillate Fuel Oil: A general classification for one of the petroleum fractions produced in conventional distillation operations. Included are products known as No. 1, No. 2, and No. 4 fuel oils and No. 1, No. 2, and No. 4 diesel fuels. It is used primarily for space heating, on- and off- highway diesel engine fuel (including railroad engine fuel and fuel for agricultural machinery), and electric power generation. Motor Gasoline: A complex mixture of relatively volatile hydro- carbons, with or without small quantities of additives, obtained by blending appropriate refinery streams to form a fuel suitable for use in spark- ignition engines. Motor gasoline includes both leaded and unleaded grades of finished motor gasoline, blending components, and gasohol. Natural Gas Plant Liquids (NGPL): Natural gas liquids recovered from natural gas in processing plants and, in some situations, from natural gas field facilities, as well as those extracted by fractionators. Natural gas plant liquids are defined according to the published speci- fications of the Gas Processors Association and the American Society for Testing and Materials as follows: ethane, propane, normal butane, isobutane, pentanes plus, and other products from natural gas process- ing plants (i. e., products meeting the standards for finished petroleum products produced at natural gas processing plants, such as finished motor gasoline, finished aviation gasoline, special naphthas, kerosene, distillate fuel oil, and miscellaneous products). Offshore: That geographic area that lies seaward of the coastline. In general, the coastline is the line of ordinary low water along with that portion of the coast that is in direct contact with the open sea or the line marking the seaward limit of inland water. Oil Well: A well completed for the production of crude oil from one or more oil zones or reservoirs. Wells producing both crude oil and natural gas are classified as oil wells. Operable Refineries: Refineries that were in one of the following three categories at the beginning of a given year: in operation; not in operation and not under active repair, but capable of being placed into operation within 30 days; or not in operation, but under active repair that could be completed within 90 days. Proved Reserves, Crude Oil: The estimated quantities of all liquids defined as crude oil that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions. Refinery Input: The raw materials and intermediate materials proc- essed at refineries to produce finished petroleum products. They include crude oil, products of natural gas processing plants, unfinished oils, other hydrocarbons and alcohol, motor gasoline and aviation gasoline blending components, and finished petroleum products. Refinery Output: The total amount of petroleum products produced at a refinery. Includes petroleum consumed by the refinery. Refinery (petroleum): An installation that manufactures finished petroleum products from crude oil, unfinished oils, natural gas liquids, other hydrocarbons, and alcohol. Residual Fuel Oil: The heavier oils that remain after the distillate fuel oils and lighter hydrocarbons are distilled away in refinery opera- tions and that conform to ASTM Specifications D396 and D975. Included are No. 5, a residual fuel oil of medium viscosity; Navy Spe- cial, for use in steam- powered vessels in government service and in shore power plants; and No. 6, which includes Bunker C fuel oil and is used for commercial and industrial heating, for electricity genera- tion, and to power ships. Imports of residual fuel oil include imported crude oil burned as fuel. Strategic Petroleum Reserve (SPR): Petroleum stocks maintained by the Federal Government for use during periods of major supply in- terruption. * These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau. Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved. |