Section two of the Act is hereby amended to read as follows: "Sec. 2. Definition of Terms.
Section 1
SECTION 1. Section two of the Act is hereby amended to read as follows: "Sec. 2. Definition of Terms. — "(a) 'Commission' shall mean the Oil Industry Commission. "(b) 'Petroleum' shall be construed to mean a complex mixture of 84 to 87 percent carbon, 13 to 11 percent hydrogen, and 1 to 4 percent impurities such as nitrogen, sulfur, and helium. It shall include products commercially known as natural gas, gasoline and kerosene in liquid form and a wide range of lubricating oils, asphalt and pitch in solid state. "(c) 'Petroleum products' shall mean products formed in the course of refining crude petroleum through distillation, cracking, solvent refining and chemical treatment, coming out as primary stocks from the refinery like: LPG, naphtha gasolines, solvents, kerosenes, aviation turbine fuels, automatic/industrial diesel oils, industrial/residual fuel oils, waxes and petrolatums, asphalts, bitumins, coke and refinery sludges, or such refinery petroleum fractions which have not undergone any process or treatment as to produce separate chemically defined compounds in a pure or commercially pure state; and to which various substances may have been added to render them suitable for particular uses, provided that the resultant product contains not less than 50% by weight of such petroleum products."