Monday, December 2, 2019
When It Comes to MMbbl vs. Mbbl, You Canââ¬â¢t Be Too Careful - The Writers For Hire
WHEN IT COMES TO MMBBL VS. MBBL, YOU CANââ¬â¢T BE TOO CAREFUL Fun fact!à MMbbl and Mbbl can mean the same thing. Our writing team was recently working on a whitepaper and needed to pull some statistics about oil production volume. We noticed that, in some of the sources we used, ââ¬Å"Mbblâ⬠was used to represent thousands of barrels. In others, ââ¬Å"Mbblâ⬠referred to millions of barrels. In still others, millions of barrels was written as ââ¬Å"MMbbl.â⬠We had to do a bit of cross-referencing and fact-checking to make sure we knew what we were reading (and writing). The takeaway? Donââ¬â¢t assume that ââ¬Å"Mbblâ⬠means 1,000 barrels or ââ¬Å"MMbblâ⬠means 1 million barrels or that youââ¬â¢ll see these abbreviations used consistently across different publications or industries. If youââ¬â¢re not sure, take the time to verify.Tweet this And, just for fun, hereââ¬â¢s something we stumbled across as we tried to unravel the whole Mbbl vs. MMbbl conundrum: Some people say that the origin of the abbreviation ââ¬Å"bblâ⬠for ââ¬Å"barrelsâ⬠dates back to the late 1860s, when U.S. oil producers decided that 42 gallons should be the standard volume for oil barrels. When Standard Oil started making the 42-gallon barrels, they made them in one color: blue. Eventually, ââ¬Å"blue barrelâ⬠or ââ¬Å"bblâ⬠became synonymous with 42-gallon oil barrels.
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