A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Megawatt - One MW is equal to one thousand kilowatts (1,000 kW) or one million watts.

Megawatt Hour - One MWh is equal to one thousand kilowatt-hours.

Meter - A device for measuring electric or natural gas use.

Mineral - Any of the various naturally occurring substances (such as coal, crude oil, metals, natural gas, salt, sand, stone, sulfur, and water) usually obtained from the earth. The term is used to include all wasting, i.e., non-regenerative, inorganic substances that are extracted from the earth.

Mineral Interests in Properties (hereinafter referred to as Properties) - These include fee ownership or a lease, concession, or other contractual interest representing the right to extract minerals subject to such terms as may be imposed by the conveyance of those interests. Properties also include royalty interests, production payments payable in oil or gas, and other non-operating interests in properties operated by others. Properties include agreements with foreign governments or authorities under which an enterprise participates in the operation of the related properties or otherwise serves as 'producer' of the underlying reserves. However, properties do not include other supply agreements or contracts that represent the right to purchase (as opposed to extract) oil and gas.

Mineral Lease - An agreement wherein a mineral interest owner (lessor) conveys to another party (lessee) the rights to explore for, develop, and produce specified minerals. The lessee acquires a working interest and the lessor retains a non-operating interest in the property, referred to as the royalty interest, each in proportions agreed upon.

Mineral Rights - The ownership of the minerals beneath the earth's surface with the right to remove them. Mineral rights may be conveyed separately from surface rights.

Mining - Any activity directed to the extraction of ore and associated rock. Included are open pit work, quarrying, auguring, alluvial dredging, and combined operations, including surface and underground operations.

Minority Interest in Income - The proportional share of the minority ownership's interest (less than 50 percent) in the earnings or losses of the consolidated subsidiary. … Subsidiaries are generally fully consolidated when the parent company holds an ownership-share of between 51 percent and 100 percent. In consolidation, 100 percent of revenues, expenses, assets, etc. are included in the financial statements even though, for example, the subsidiary is only 80 percent owned by the parent company. In such cases, the consolidated balance sheet must have a caption on the right-hand side titled something like 'minority interests in consolidated affiliates,' and the income statement must have a similar line to reduce net income to the pro-rata (e.g., 80 percent) share of the consolidated subsidiary's net income.

Motor Gasoline (Finished) - A complex mixture of relatively volatile hydrocarbons, with or without small quantities of additives, that has been blended to form a fuel suitable for use in spark- ignition engines. Motor gasoline, as given in ASTM Specification D439 or Federal Specification VV-G-l690B, includes a range in distillation temperatures from 122 to 158 degrees Fahrenheit at the 10-percent recovery point and from 365 to 374 degrees Fahrenheit at the 90-percent recovery point. Motor gasoline includes reformulated motor gasoline, oxygenated motor gasoline, and other finished motor gasoline. Blend-stock is excluded until blending has been completed. Reformulated Motor Gasoline. Gasoline reformulated for use in motor vehicles, the composition and properties that meet the requirements of the reformulated gasoline regulations promulgated by the U.S. EPA under Section 211K of the Clean Air Act. Oxygenated Gasoline. Gasoline formulated for use in motor vehicles that has oxygen content of 1.8 percent or higher, by weight. Includes gasohol. Other Finished Gasoline. Motor Gasoline not included in the oxygenated or reformulated gasoline categories.

Motor Gasoline, Finished Gasohol - A blend of finished motor gasoline (leaded or unleaded) and alcohol (generally ethanol but sometimes methanol), limited to 10 percent by volume of alcohol.

Motor Gasoline, Finished Leaded - Contains more than 0.05 gram of lead per gallon or more than 0.005 gram of phosphorus per gallon. Premium and regular grades are included, depending on the octane rating. Includes leaded gasohol. Blend-stock is excluded until blending has been completed. Alcohol that is to be used in the blending of gasoline is excluded.

Motor Gasoline, Finished Unleaded - Contains not more than 0.05 gram of lead per gallon and not more than 0.005 gram of phosphorus per gallons. Premium and regular grades are included, depending on the octane rating. Includes unleaded gasohol. Blend- stock is excluded until blending has been completed. Alcohol that is to be used in the blending of gasohol is also excluded.

MTBE (Methyl tertiary butyl ether) (CH3)3C)CH - Ether intended for motor gasoline blending. (See definition for Oxygenates.)

Municipal Utility - It provides utility services owned and operated by a municipal government.