Home > Industry/Domain > Energy > Petrol

Petrol

a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. A fossil fuel, it is formed when large quantities of dead organisms, usually zooplankton and algae, are buried underneath sedimentary rock and undergo intense heat and pressure.

Contributors in Petrol

Petrol

Unit value, consumption

Energy; Coal

Total price per specified unit, including all taxes, at the point of consumption.

Other finished

Energy; Coal

Motor gasoline not included in the oxygenated or reformulated gasoline categories.

Ratemaking authority

Energy; Coal

A utility commission's legal authority to fix, modify, approve, or disapprove rates as determined by the powers given the commission by a State or Federal legislature.

Special naphthas

Energy; Coal

All finished products within then aphtha boiling range that are used as paint thinners, cleaners, or solvents. These products are refined to a specified flash point. Special naphthas include all ...

Unit value, wellhead

Energy; Coal

The wellhead sales price, including charges for natural gas plant liquids subsequently removed from the gas; gathering and compression charges; and state production, severance, and/or similar ...

Other gas

Energy; Coal

Includes manufactured gas, coke-oven gas, blast-furnace gas, and refinery gas. Manufactured gas is obtained by distillation of coal, by the thermal decomposition of oil, or by there action of steam ...

Rates

Energy; Coal

The authorised charges per unit or level of consumption for a specified time period for any of the classes of utility services provided to a customer.

Featured blossaries

Dominican cuisine

Category: Food   1 0 Terms

Top 20 Sites in United States

Category: Technology   1 20 Terms