CEC: California Diesel Stocks Fall 282K Bbl W-o-W
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) --California diesel inventories fell in the week ending
October 17, with Southern California showing the largest draw, according to the
California Energy Commission's Weekly Fuels Report released Thursday (10/23).
Statewide diesel stocks, including CARB and other grades, dropped by 282,000
bbl to 2.723 million bbl, and were essentially flat compared with year-ago
levels.
Northern California diesel inventories declined by 109,000 bbl to 1.132 million
bbl, down 2% from last year. CARB diesel in the north fell by 132,000 bbl to
778,000 bbl, while other diesel rose by 23,000 bbl to 354,000 bbl.
Southern California diesel inventories decreased by 173,000 bbl to 1.591
million bbl, up 1% from last year. CARB diesel in the south fell by 108,000 bbl
to 835,000 bbl, while other diesel declined by 65,000 bbl to 756,000 bbl.
Statewide diesel production also fell by 201,000 bbl to 1.339 million bbl, 12%
below last year.
Southern California diesel production dropped by 194,000 bbl to 813,000 bbl,
and was down 32% year-on-year. CARB diesel output in the south climbed by 8,000
bbl to 417,000 bbl, while other diesel fell by 202,000 bbl to 396,000 bbl.
Northern California diesel production edged down by 7,000 bbl to 526,000 bbl,
while remaining 60% higher from a year ago. CARB diesel output in the north
fell by 36,000 bbl to 396,000 bbl, while other diesel climbed by 29,000 bbl to
130,000 bbl.
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