CEC: California Gasoline Stocks Climb 297,000 Bbl on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- California gasoline inventories climbed in the week 
ending December 5, driven by increases in Southern California, according to the 
California Energy Commission's Weekly Fuels Report released Thursday (12/11).
Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, climbed by 297,000 bbl to 10.832 million bbl, up from the 
prior week and 4% above last year.
Northern California saw a slight decline this week, with total gasoline 
inventories falling by 61,000 bbl to 4.832 million bbl, though still 3% higher 
than the previous year.
Northern CARB gasoline plunged by 448,000 bbl to 2.41 million bbl, while 
Northern non-California gasoline dropped by 86,000 bbl to 382,000 bbl. Northern 
blending components climbed by 473,000 bbl to 2.040 million bbl.
Southern California gasoline inventories rose by 357,000 bbl to 6 million bbl, 
up 4% from the year prior.
Southern CARB gasoline rose by 85,000 bbl to 2.789 million bbl. Southern 
non-California gasoline also climbed by 85,000 bbl to 578,000 bbl, and Southern 
blending components increased by 187,000 bbl to 2.633 million bbl.
On the production side, statewide gasoline production fell by 220,000 bbl to 
6.174 million bbl, but remained 2% above last year.
Southern California gasoline production increased by 84,000 bbl to 4.223 
million bbl, up 11% annually.
Southern CARB gasoline production eased by 25,000 bbl to 3.223 million bbl, 
while Southern non-California gasoline production climbed by 109,000 bbl to 1 
million bbl.
Northern California gasoline production fell by 304,000 bbl to 1.951 million 
bbl, down 13% from last year. 
Northern CARB production slipped by 107,000 bbl to 1.882 million bbl, with 
Northern non-California production declining by 197,000 to 69,000 bbl.




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