Important Terms to Know About Petroleum Products These important terms about petroleum products could help you choose the items that you need:
Paraffin Wax: Paraffin wax is a petroleum-based product that remains solid at room temperature. It is often used as an electrical insulator because it has an electrical resistivity greater than most products. Paraffin wax is also added to drywall materials to help maintain steady indoor temperatures, because it stores heat during the day and releases it at night when temperatures are cooler.
Liquefied Petroleum Gas: Liquefied petroleum gas, also known as propane even though it can contain a combination of gases including propane and butane, is primarily used as a fuel source for vehicles and heating appliances. It has also become a popular replacement for chlorofluorocarbons in refrigerants and aerosol products because it does not damage the ozone layer as rapidly as CFCs.
Petroleum Coke: Petroleum coke, also known as pet coke, is a solid material taken from the coker units of fuel refineries. There are three main categories of petroleum coke: marketable, fuel grade, and calcined. Each grade level has its own uses in a variety of industries. It is mostly burned to release energy.
Asphalt: Asphalt is a semi-solid taken from certain types of crude petroleum. It is most commonly used to make asphalt paving for roads. It is also used to make roofing shingles, sound insulation, and weather resistance paints and inks. Asphalt is also known as bitumen.
Oil Reserves: This term refers to reserves of oil around the world. Although not all of the oil is currently able to be harvested, it gets included in "oil in place" figures. Saudi Arabia has the highest oil reserve production in the world.