Petroleum is a naturally occurring yellowish-black liquid mixture. It consists mainly of hydrocarbons, and is found in geological formations. The term petroleum refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refined crude oil.
A filling station is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold are gasoline and diesel fuel.
Diesel fuel, also called diesel oil, heavy oil (historically) or simply diesel, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and then injection of fuel. Therefore, diesel fuel needs good compression ignition characteristics.
An oil refinery or petroleum refinery is an industrial process plant where petroleum is transformed and refined into products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day.
The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. Its name, dating back to 1927 as a trademark of the Phillips Petroleum Company, helped ground the newly reconfigured Phillips 66. The company today was formed ten years after Phillips merged with Conoco to form ConocoPhillips. The merged company spun off its refining, chemical, and retail assets – known in the oil industry as downstream operations – into a new company bearing the Phillips 66 name. It began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX.
USS Noxubee (AOG-56) was a Patapsco-class gasoline tanker acquired by the U.S. Navy for the task of transporting gasoline to warships in the fleet, and to remote Navy stations. She served in a commissioned status from 1945 to 1959, and 1965–1975. She was named for a river in Mississippi.
The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long and can carry 3 million barrels of fuel per day between Texas and New York.
The usage and pricing of gasoline results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation or subsidy, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar. The price paid by consumers largely reflects national pricing policy. Most countries impose taxes on gasoline (petrol), which causes air pollution and climate change; whereas a few, such as Venezuela, subsidize the cost. Some country's taxes do not cover all the negative externalities, that is they do not make the polluter pay the full cost. Western countries have among the highest usage rates per person. The largest consumer is the United States.
USS Yahara (AOG-37) was a Mettawee-class gasoline tanker acquired by the U.S. Navy for the dangerous task of transporting gasoline to warships in the fleet, and to remote Navy stations.
USS Elokomin (AO-55) was a Cimarron-class fleet oiler acquired by the U.S. Navy during World War II. She served her country primarily in the Atlantic Ocean, Mediterranean Sea, and the North Atlantic Ocean Theatre of Operations, and provided petroleum products where needed to combat ships.
USS Rio Grande (AOG-3) was aPatapsco-class gasoline tanker in service with the United States Navy from 1943–1946 and 1950–1956. She was scrapped in 1972.
USS Mattabesset (AOG-52) was a Patapsco-class gasoline tanker in service with the United States Navy from 1945 to 1968. She was scrapped in 1969.
USS Nespelen (AOG-55) was a Patapsco-class gasoline tanker in the service of the United States Navy.
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. The leading crude oil-producing areas in the United States in 2023 were Texas, followed by the offshore federal zone of the Gulf of Mexico, North Dakota and New Mexico.
The New Energy Reform Act of 2008 was offered by a bipartisan group of Senators in the 110th United States Congress in response to the energy policy gridlock between Republicans and Democrats. The proposal was offered as an alternative to an energy bill sponsored by House Speaker Nancy Pelosi.
Energy in Ukraine is mainly from gas and nuclear, followed by oil and coal. Ukraine has a diversified energy mix, and no fuel takes up more than a third of the country’s energy sources. Most gas and oil is imported, but since 2015 energy policy has prioritised diversifying energy supply.
The Lowering Gasoline Prices to Fuel an America That Works Act of 2014 is a bill that would revise existing laws and policies regarding the development of oil and gas resources on the Outer Continental Shelf. The bill is intended to increase domestic energy production and lower gas prices.
Rationing is the controlled distribution of scarce resources, goods, or services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one person's allotted portion of the resources being distributed on a particular day or at a particular time.
According to the United States Energy Information Administration (EIA), Pakistan may have over 9 billion barrels (1.4×109 cubic metres) of petroleum oil and 105 trillion cubic feet (3.0 trillion cubic metres) in natural gas (including shale gas) reserves.
