- Industry: Energy
- Number of terms: 18218
- Number of blossaries: 1
- Company Profile:
The American Gas Association represents local energy companies that deliver natural gas throughout the United States.
In the industry, liquefied petroleum gas contained under moderate pressure in cylinders, sometimes referred to as bottles. Usually propane and/or butane.
Industry:Energy
Term usually applied to an interval in the cased hole (of an oil or gas well) where the top of a liner overlaps the bottom of a string of casing.
Industry:Energy
The light oil or hydrocarbon liquids condensed in a piping system when the gas is cooled. Both natural and manufactured gas can be sources of condensates.
Industry:Energy
The term "wright demand rate" applies to that method of charge which was the first to recognize load factor conditions. Under this rate, the consumer pays a different unit charge for each successive block of consumption. The consumer's maximum daily or hourly demand is a factor in the determination of the block size.
Industry:Energy
A device installed in the vent pipe that connects the furnace to the chimney. When the burner goes off, the damper closes automatically, restricting the amount of heated air that can be lost through the chimney.
Industry:Energy
A method used to allocate costs incurred by a parent company on behalf of its affiliates to those affiliates. The "Mass Formula" has three parts using the allocation factors (ratios comparing the affiliate to the company as a whole) of gross plant, gross revenues, and labor, which are added together and then divided by three to arrive at a simple average of the three factors. This formula attempts to weight various aspects of each of the affiliates so that a fair distribution of the overhead cost is allocated to each affiliate member. Compare to DISTRIGAS METHOD.
Industry:Energy
A term applied to a protective device that is arranged to blow out a disk, usually if an air-gas mixture explodes in a piping system. Thereafter, the gas will escape until a shut-off valve is closed.
Industry:Energy
As in "proper and adequate" depreciation rate. This is a subjective term.
Industry:Energy
Includes Plant: In service, Purchased or Sold, In Process of Reclassification, Leased to Others, Held for Future Use, Completed Construction Not Classified, Construction Work in Progress, Plant Acquisition Adjustments and Other Utility Plant. The Uniform System of Accounts prescribes for the deduction of Accumulated Provision for Depreciation and Amortization.
Industry:Energy
