- 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.
A blower in which the rotating part is equipped with blades that rotate between stationary blades attached to the housing. The respective sets of blades are set at an angle such that, as the rotor turns, gases are pushed through the blades and discharged from the opposite side, pass through the stationary blades, and then are given another push by the next set of rotating blades, finally being discharged from the casing at the opposite end from which they entered.
Industry:Energy
A geological term applied to an underground rock stratum; in the gas industry, usually the one from which gas or oil is produced.
Industry:Energy
A proposed pipeline system to transport gas from the Prudhoe Bay field in Alaska to the vicinity of Chicago and San Francisco through Canada. Portions from Canada towards San Francisco (the Western Leg) and from Canada towards Chicago (Northern Border Pipeline) were "prebuilt" to import gas from Canada prior to the flow of Alaskan gas. The project was authorized by the ANGTA of 1976 and the President's Decision and Report to Congress in September 1977.
Industry:Energy
An accounting method under which Net Income includes charges or credits equal to the decreases or increases in current taxes on income, arising from the use of liberalized depreciation or accelerated amortization for tax purposes instead of the straight-line method. The contra entries for such charges to Net Income are suspended in Balance Sheet accounts. In future years, there is a feedback of these suspended amounts to Net Income when increases in the then current taxes on income occur because liberalized depreciation or accelerated amortization was used for tax purposes in prior years. See DEPRECIATION, FLOW-THROUGH; RESERVE FOR DEFERRED OR FUTURE INCOME TAXES.
Industry:Energy
Equity refers to the considerations of fairness or justice in the setting of rates - fairness between investors and consumers when the general level of rates is at issue, and the fairness among different classes of consumers when the rate relationships are under inquiry. Fair treatment in the setting of rates does not necessarily mean equal rates since, for example, the unit costs of serving different customer classes may be different. Also, that part of a business enterprise owned by the stockholders. Usually represented in the financial
Industry:Energy
One of two principal methods of drilling for gas and oil; the other is rotary. Cable tool, the older method, consists of raising and dropping a heavy drill bit, suspended from the end of a cable, so that it pounds and pulverizes its way through the subsurface structures. Water in the hole keeps the cuttings in suspension for removal at intervals by bailing.
Industry:Energy
The process of forming a material by forcing it, under pressure, from a heated cylinder through a sprue (runner, gate) into the cavity of a closed mold. Fittings are usually made by this process.
Industry:Energy
Tying the commodity price in a contract to other published prices, such as spot prices for gas or alternate fuels, or general indexes like the Consumer Price Index or Producer Price Index.
Industry:Energy
A federal law giving the Federal Energy Regulatory Commission (formerly the Federal Power Commission) jurisdiction over companies engaged in interstate sale or transportation of natural gas.
Industry:Energy
