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Topical Terminology > Balancing Item



2 Definitions

Balancing item

For Balancing item we have terms and definitions in 2 topics. The topics are Energy and Global Warming.



Balancing Item (Energy)

Represents differences between the sum of the components of natural gas supply and the sum of the components of natural gas disposition. These differences may be due to quantities lost or to the effects of data reporting problems. Reporting problems include differences due to the net result of conversions of flow data metered at varying temperature and pressure bases and converted to a standard temperature and pressure base; the effect of variations in company accounting and billing practices; differences between billing cycle and calendar period time frames; and imbalances resulting from the merger of data reporting systems that vary in scope, format, definitions, and type of respondents.


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Balancing Item (Global Warming)

A measurement of the difference between the reported amount of natural gas produced and the reported amount consumed.




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