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Epa regulates the vapor pressure of gasoline sold at retail stations during the summer ozone season june 1 to september 15 to reduce evaporative emissions from gasoline that contribute to ground level ozone and diminish the effects of ozone related health problems.
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Reid vapor pressure rvp is a common measure of the volatility of gasoline and other petroleum products.
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It is defined as the absolute vapor pressure exerted by the vapor of the liquid and any dissolved gases moisture at 37 8 c 100 f as determined by the test method astm d 323 which was first developed in 1930 and has been revised several times the latest version is astm d323 15a.
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A settlement procedure in which the buyer and the seller of a security agree that the seller will pay the buyer upon the security s delivery to the seller.
Receive versus payment is a settlement procedure in which the requirement accompanies an institutional sell order that cash is only accepted in exchange for.
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This agreement is designed to reduce risk to both parties.
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If the delivery and payment do not occur at the same time there is a risk however small of theft by one party or the other.
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