| Key Terms |
Definition |
| Gas Plant Operator |
Any firm, including a gas plant owner, which operates a gas plant and keeps the gas plant records.
A gas plant is a facility in which natural gas liquids are separated from natural gas or in which
natural gas liquids are fractionated or otherwise separated into natural gas liquid products or both.
For the purposes of this survey, gas plant operator data are contained in the refiner categories.
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| Petroleum Administration for Defense District (PADD): |
PADD I (East Coast):
PADD IA (New England): Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont.
PADD IB (Central Atlantic): Delaware, District of Columbia, Maryland, New Jersey, New York, Pennsylvania.
PADD IC (Lower Atlantic): Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia.
PADD II (Midwest): Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Tennessee, Wisconsin.
PADD III (Gulf Coast): Alabama, Arkansas, Louisiana, Mississippi, New Mexico, Texas.
PADD IV (Rocky Mountain): Colorado, Idaho, Montana, Utah, Wyoming.
PADD V (West Coast): Alaska (North Slope and Other Mainland), Arizona, California,
Hawaii, Nevada, Oregon, Washington.
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| Price (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.
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| 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. For the purposes of this survey, gas plant operator data
are included in this category.
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| 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.
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| 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 975 and 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.
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| 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.
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| Sale |
The transfer of title from the seller to a buyer for a price. Excludes intrafirm transfers,
products consumed directly by the reporting firm, or sales of bonded fuel. Also excludes
products delivered/loaned to exchange partners, except where the amount supplied exceeds the
amount received and the differential is invoiced as a sale during the reference month.
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| 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.
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| Sales for Resale |
Sales of refined petroleum products to purchasers who are other-than-ultimate consumers;
wholesale sales.
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| 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.
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