MLchartDataset catalogue

First purchaser

Term · Energy · MLC-T-ENE-000792

A firm that acquires ownership of domestic crude oil by a first purchase transaction. Physical custody of the crude oil is not a prerequisite. In the case of multiple owners, only one firm should report to avoid double-counting.

Table 1. Record
IdentifierMLC-T-ENE-000792
FieldEnergy
SubjectPetroleum
ReferencesEIA Glossary
Record as JSON 
{
  "id": "MLC-T-ENE-000792",
  "term": "First purchaser",
  "field": "Energy",
  "definition": "A firm that acquires ownership of domestic crude oil by a first purchase transaction. Physical custody of the crude oil is not a prerequisite. In the case of multiple owners, only one firm should report to avoid double-counting.",
  "subject": "Petroleum",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/first-purchaser/"
}

Record 792 of 2,515 in Energy terminology (MLC-0117). Request the full dataset.