- 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.
One of the liberalized methods of computing depreciation, normally used for tax purposes. Under this method, the annual deduction is derived by multiplying the cost of the property less estimated net salvage, by the estimated number of years of service life remaining, and dividing the resultant product by the sum of all the digits would be 25+24+23+22+ etc. +5+4+3+2+1 or 325. A simple way to compute this figure would be to multiply the number of years by the number of years plus one and divide by 2, i.e., (25 X 26) : 2 = 325. The first year's full depreciation deduction would be 25/325ths; the second year's would be 24/325ths, etc., of the cost of the property.
Industry:Energy
The concentration of gas load for a given area expressed as gas volume per unit of time and per unit of area.
Industry:Energy
The process of cooling a compressed air or gas immediately after compression.
Industry:Energy
A feature in some curtailment plans that allows volumes not used in one period to be used in the following period or periods.
Industry:Energy
A pipe in a gas distribution or transmission system which branches away from the central and primary part of the system.
Industry:Energy
A volumetric unit of measurement equivalent to 42 U.S. gallons, 9,702 cubic inches, 5.6146 cubic feet, 34.9722 Canadian Imperial gallons, 158.99 liters, or .15899 cubic meters. It is the unit of measurement commonly used to measure oil production and oil reserves within the U.S.
Industry:Energy
Cost of utility plant retired from service, whether or not it has been physically removed or replaced.
Industry:Energy
Metal valve in which a pierced plug rotates in a tapered or cylindrical body to control flow through the valve.
Industry:Energy
