crude oil
Defined in 4 places across 2 titles of the United States Code.
“crude oil” means a liquid hydrocarbon mixture occurring naturally in the earth, whether or not treated to render it suitable for transportation, and includes crude oil from which certain distillate fractions may have been removed, and crude oil to which certain distillate fractions may have been added.
Source
- 1994–present46 U.S.C. § 2101Shipping · General definitions · in this subtitle
The term “crude oil” includes a natural gas liquid recovered from a gas well in lease separators or field facilities.
Source
- 1994–present26 U.S.C. § 613AInternal Revenue Code · Limitations on percentage depletion in case of oil and gas wells · for purposes of this section
The term “crude oil” includes crude oil condensates and natural gasoline.
Source
- 1994–present26 U.S.C. § 4612Internal Revenue Code · Definitions and special rules · for purposes of this subchapter
The terms “crude oil”, “natural gas”, “domestic”, and “barrel” have the meanings given such terms by section 613A(e).
Source
- 2005–present26 U.S.C. § 45IInternal Revenue Code · Credit for producing oil and gas from marginal wells · for purposes of this section