Platts Oilgram definition

Platts Oilgram means the publication of that name published by a unit of The XxXxxx-Xxxx Companies Inc.
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Examples of Platts Oilgram in a sentence

  • The average weekly assessments will be based on the Monday to Friday week average of the high and low daily assessments as compiled by Platt's Oilgram and made available electronically at the beginning of the following week from either GlobalView or PAWS.

  • Overages or shortages of inventories in Explorer's custody will be settled monthly with each Shipper on a monetary basis determined by the Platt's Oilgram low posting for US Gulf Coast Pipeline (unless otherwise noted) using the average of each business day prices quoted for the settlement month.

  • The Commission will, on the first day of each month (excluding Saturdays, Sundays and holidays), determine the "Monthly Fuel Index" of No. 2 fuel from the price index as reported by Platt's Oilgram - PAD 2 - St. Louis Area, which will apply to all payment estimates during that month regardless of the type fuel used.

  • For price adjustments utilizing commercial publications such as Platts Oilgram, etc., the reference price in effect on the date of delivery shall be that item’s reference price that is in effect for the dates in the Table below.

  • The "Starting Fuel Index" will be the average of the values given for No. 2 fuel as reported by Platt's Oilgram - PAD 2 - St. Louis Area.

  • Overages or shortages of inventories in Explorer's custody will be settled monthly with each Shipper on a monetary basis determined by the Platt's Oilgram low posting for US Gulf Coast Pipeline using the average of each business day prices quoted for the settlement month.

  • For price adjustments utilizing a reference price indicator other than commercial publications such as Platts Oilgram, the Contractor shall notify the Contracting Officer of any changes in the reference price in writing within 15 calendar days from the date thereof.

  • Ocean Shipping Rates to U.S. Northeast RefineriesDollars per barrel OriginSource: Platts Oilgram News, “Regulation and Environment,” September 9, 2013; Platts OilGram Price Report, McGraw Hill Financial, January-April, 2014.

  • Just like the Tesoro 2014 contract, the proposed RIK contract defines “ANS Spot Price” as the monthly average of the daily high and low assessments for the month for ANS traded at the USWC as reported by Platts Oilgram Price Report and Reuters online data reporting service.26 The average of Platts and Reuters also forms the basis for the prevailing value calculation used by Alaska’s Department of Revenue (15 AAC 55.171 (m)).

  • Just like the Tesoro 2014 and Tesoro 2016 RIK contracts, the proposed RIK contracts with Petro Star define “ANS Spot Price” as the monthly average of the daily high and low assessments for the month for ANS traded at the USWC as reported by Platts Oilgram Price Report and Reuters online data reporting service.44 The average of Platts and Reuters also forms the basis for the prevailing value calculation used by Alaska’s Department of Revenue (15 AAC 55.171(m)).

Related to Platts Oilgram

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Gasohol means a blended fuel composed of gasoline and fuel grade ethanol.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Fuel oil means heavy distillates or residues from crude oil or blends of such materials intended for use as a fuel for the production of heat or power of a quality equivalent to the “American Society for Testing and Materials’ Specification for Number Four Fuel Oil (Designation D 396-69)”, or heavier.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • Distiller means a person engaged in the business of

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • LPG means liquefied petroleum gas.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.

  • Fuel means any solid, liquid or gaseous combustible material;

  • Proof gallon means a U.S. gallon of liquor at 60 degrees on the Fahrenheit scale that

  • Gallon means a U.S. gallon of 231 cubic inches corrected to 60 degrees Fahrenheit.

  • Feed means feed as defined in point (4) of Article 3 of Regulation (EC) No 178/2002;

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.