Part of Speech: n.
Quotation: Between 2002 and the present, MacIntyre said, trading in the West Texas crude jumped from 78 million barrels a year to 86.4 million barrels. Such trading involves what are called “paper barrels.” A buyer need not take what is known as “wet delivery.”
Author:
Roger Phelps
Publishing Location:
California
Date of Publication:
June 24, 2008
This catchword has yet to be researched.