Day Order Type of order to purchase or sell a futures contract where the order is valid for one day unless you specify otherwise.
An importer who has purchased the product from a licensed supplier, by mutual agreement with the supplier, may permit the supplier to assume the importer's liability and adjust the importer's user fees payable to the supplier.
Boiler A closed vessel in which a liquid is heated and/or vaporized.
On average, there are seven barrels of crude per metric ton.Saudi Aramco The Saudi Arabian Oil Company, the national oil company of Saudi Arabia.The department shall subsequently submit to the General Assembly a recommended legislative change for this conversion factor.Over The Rack Petroleum products sold at the wholesale level from primary storage.Fingerprints required by this section must be submitted on forms prescribed by the department.The notice must describe in clear and concise terms the duties of the transport operator and retail dealer under Section.Current members are Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela.(f) If the ultimate vendor needs to purchase additional gallons above that estimated to fulfill his commitments, he shall notify the department.
Refinery Input, Crude Oil Total crude oil (domestic plus foreign) input to crude oil distillation units and other refinery processing units (cokers, etc.).
Acceptance of delivery without proper shipping paper prohibited.
Upon approval of the department, a surety bond is acceptable as monthly prepayments pending monthly reports and payments.
With the advent of overnight or after hours trading on the access automated system, it has become necessary to identify pit trading.
Cbob must become conventional gasoline after blending with oxygenates.
(73) "Diesel gallon equivalent" or "DGE" means the amount of liquefied natural gas containing the same energy content as one gallon of diesel.
Determination of acceptable bonding must be based on distribution, location of terminal facilities, and handling through other bonded suppliers.Petrochemical Feedstocks Chemical feedstocks derived from petroleum principally for the manufacture of chemicals, synthetic rubber, and a variety of plastics.(19) "Eligible purchaser" means a person who has been authorized by the department pursuant to Section to make the election under Section.These programs are derived from general futures contracts, but often are tailor-made to individual market and company needs.Exports Shipments of crude oil and petroleum products from the 50 States and the District of Columbia to foreign countries, Puerto Rico, the Virgin Islands, and other.S.The burden of proof rests with the department.(7) "Bulk plant" hoselink discount code 2016 means a motor fuel storage and distribution facility that is not a terminal and from which motor fuel may be removed at a rack.Degree Days The number of degrees per day that the daily average temperature is above 65 degrees Fahrenheit.Calculated no later than 5:59.m.Each license must be preserved and conspicuously displayed at the place of business for which it is issued.Operating Ratio A measure of profitability based on operating expenses as a percentage of gross revenues.(55) "Motor fuel subject to the user fee" means gasoline, diesel fuel, musee d orsay gift shop online kerosene, blended fuel, substitute fuel, alternative fuel and blends of them and any other substance blended with them.(A) One percent of the proceeds from thirteen cents of the gasoline user fee imposed pursuant to this chapter must be transmitted to the Department of Natural Resources for a special water recreational resources fund of the State.(68) "Wholesaler" means a person who acquires motor fuel subject to the user fee from a supplier or from another wholesaler for subsequent sale and distribution at wholesale by tank cars, motor vehicles, or both.