PETROLEUM PRODUCT CONVERSION RATES
The purpose of this rule is to prescribe the rate which shall be used by petroleum suppliers and by the Department of Energy (DOE) in converting barrels of petroleum products into British thermal units (Btus) of energy in connection with the assessments imposed upon petroleum suppliers by Section 4 of Chapter 813, Oregon Laws 1977.
For purposes of this rule, the following definitions shall apply:
(1) "Barrel" shall mean a volumetric measure equal to 42 gallons.
(2) "Bureau of Mines Publication" shall mean a publication entitled "Mineral Industry Surveys" issued by the Department of Interior, Bureau of Mines, in December 1976.
(3) "Petroleum Products" shall mean only those petroleum products which are subject to assessments under Section 4 of Chapter 813, Oregon Laws 1977. These products include:
(a) Crude petroleum;
(b) Fuel oil (distillate and residual);
(d) Liquefied petroleum gases;
(e) Motor vehicle fuel (when used primarily for agricultural purposes) and
(f) Petroleum coke (when used as fuel in metal processing).
(4) "Petroleum Suppliers" shall have the meaning set forth in Section 4(g) of Chapter 813, Oregon Laws 1977, "those petroleum suppliers who are required to submit forecasts to the department pursuant to subsection (4) of ORS 469.070".
For all purposes of Section 4 of Chapter 813, Oregon Laws 1977, petroleum suppliers and the Department of Energy shall use the following rates from the Bureau of Mines Publication for converting barrels of petroleum products into British thermal units of energy:
Type of Product -- Btu/Barrel:
(1) Crude Petroleum -- 5,800,000;
(2) Distillate Fuel Oil -- 5,825,000;
(3) Residual Fuel Oil -- 6,287,000;
(4) Kerosene -- 5,670,000;
(5) Liquefied Gases -- 4,011,000;
(6) Motor Vehicle Fuel (gas) -- 5,248,000;
(7) Petroleum Coke -- 6,024,000.
State Archives • 800 Summer St. NE • Salem, OR 97310