CEC: Calif. Diesel Supply Drops 115k bbl


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- California total diesel inventories moved lower in the 
week ending September 5 with Northern California reporting the sharpest draw, 
according to the California Energy Commission's latest Weekly Fuels Report.

   Statewide diesel inventories, including CARB and other grades, dropped by 
115,000 bbl to 3.015 million bbl in the reference week.

   In Northern California, overall diesel inventories fell by 270,000 bbl to 
1.215 million bbl in the respective week. The draw was led by CARB diesel, 
which dropped by 268,000 bbl to 709,000 bbl, while other diesel stocks edged 
down by 2,000 bbl to 506,000 bbl.

   Southern California diesel inventories climbed by 155,000 bbl to 1.800 
million bbl. CARB diesel rose by 120,000 bbl to 876,000 bbl, and other diesel 
supply increased by 35,000 bbl to 924,000 bbl.

   Production across the state also slipped sharply. Total diesel output 
dropped by 302,000 bbl to 1.455 million bbl.

   Southern California led the decline with production down by 300,000 bbl to 
898,000 bbl, driven by a 142,000 bbl drop in CARB diesel to 493,000 bbl and a 
158,000 bbl decrease in other diesel to 405,000 bbl.

   Northern California output edged down by 2,000 bbl to 557,000 bbl. CARB 
diesel production in the region climbed slightly by 5,000 bbl to 402,500 bbl, 
while other diesel slipped by 7,000 bbl to 154,500 bbl.

    




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