Sec. 146.92 Definitions.
(a) Attribution. ``Attribution'' means the association of a final
product with its source material.
(b) Feedstocks. ``Feedstocks'' means crude petroleum or intermediate
product that is used in a petroleum refinery to make a final product.
(c) Feedstock factor. ``Feedstock factor'' means the relative value
of final products utilizing T.D. 66-16 (see Sec. 146.92(h)), and which
takes into account any volumetric loss or gain.
(d) Final product. ``Final product'' means any petroleum product
that is produced in a refinery subzone and thereafter removed therefrom
or consumed within the zone.
(e) Manufacturing period. ``Manufacturing period'' means a period
selected by the refiner which must be no more than a calendar month
basis, for which
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attribution to a source feedstock must be made for every final product
made, consumed in, or removed from the refinery subzone.
(f) Petroleum refinery. ``Petroleum refinery'' means a facility that
refines a feedstock listed on the top line of the tables set forth in
T.D. 66-16 into a product listed in the left column of the tables set
forth in T.D. 66-16.
(g) Price of product. ``Price of product'' means the average per
unit market value of each final product for a given manufacturing period
or the published standard product value if updated each month.
(h) Producibility. ``Producibility'' is a method of attributing
products to feedstocks for petroleum manufacturing in accordance with
the Industry Standards of Potential Production set forth in T.D. 66-16.
(i) Relative value. ``Relative value'' means a value assigned to
each final product attributed to the separation from a privileged
foreign feedstock based on the ratio of the final product's value
compared to the privileged foreign feedstock's duty.
(j) Time of Separation. ``Time of separation'' means the
manufacturing period in which a privileged foreign status feedstock is
deemed to have been separated into two or more final products.
(k) Weighted Average. ``Weighted average'' means the relative value
of merchandise, which is determined by dividing the total value of
shipments in a given period by the total quantity shipped in the same
given period. See example in section VI of the appendix to this part.