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Petroleum products are materials derived from crude oil ( petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. [ 1] Most petroleum is converted into petroleum products, which include several classes of fuels.
Natural gas. Natural gas (also called fossil gas, methane gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane (95%) [ 1] in addition to various smaller amounts of other higher alkanes. Traces of carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. [ 2]
Petroleum or crude oil, also referred to as simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, [ 1] and is found in geological formations. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. Petroleum is primarily recovered by ...
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines ), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material ...
Natural gas production 1973-2022 U.S. natural gas monthly production, imports, and exports Discovered shale gas deposits as of June 2016 Natural gas production by State Natural gas was the United States ' largest source of energy production in 2016, representing 33 percent of all energy produced in the country. [ 1 ]
The firm sells petroleum products, natural gas liquids, and jet fuel for the U.S. military. Valero Energy Corporation (NYSE:VLO) raked in $114 billion in 2021, and the firm owns 15 refineries that ...
Petroleum has been a major industry in the United States since the 1859 Pennsylvania oil rush around Titusville, Pennsylvania. Commonly characterized as "Big Oil", the industry includes exploration, production, refining, transportation, and marketing of oil and natural gas products. [ 1] The leading crude oil-producing areas in the United ...
Liquefied petroleum gas. Liquefied petroleum gas, also referred to as liquid petroleum gas ( LPG or LP gas ), is a fuel gas which contains a flammable mixture of hydrocarbon gases, specifically propane, n -butane and isobutane. It can sometimes contain some propylene, butylene, and isobutene. [ 1][ 2][ 3]
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