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TeachMeFinance.com - explain Refinery and blender net inputs Refinery and blender net inputs The term 'Refinery and blender net inputs' as it applies to the area of energy can be defined as 'Refinery and blender net inputs: Raw materials, unfinished oils, and blending components processed at refineries, or blended at refineries or petroleum storage terminals to produce finished petroleum products. Included are gross inputs of crude oil, natural gas plant liquids, other hydrocarbon raw materials, hydrogen, oxygenates (excluding fuel ethanol), and renewable fuels (including fuel ethanol). Also included are net inputs of unfinished oils, motor gasoline blending components, and aviation gasoline blending components. Net inputs are calculated as gross inputs minus gross production. Negative net inputs indicate gross inputs are less than gross production. Examples of negative net inputs include reformulated gasoline blendstock for oxygenate blending (RBOB) produced at refineries for shipment to blending terminals, and unfinished oils produced and added to inventory in advance of scheduled maintenance of a refinery crude oil distillation unit'. Previous 5 Terms: Refill Refined petroleum products Refiner Refiner acquisition cost of crude oil Refinery Next 5 Terms: Refinery and blender net production Refinery capacity utilization Refinery fuel Refinery gas Refinery input, crude oil About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.