CEC: California Gasoline Inventories Up 628K Bbl on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- California gasoline inventories climbed in the week 
ending December 12, driven mainly by increases in Southern California, 
according to the California Energy Commission's Weekly Fuels Report released 
Thursday (12/18).
Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, climbed by 628,000 bbl from the prior to stand at 11.46 
million bbl. Year-on-year, stocks were up 11%.

   Southern California gasoline inventories rose by 98,000 bbl to 6.098 million 
bbl, up 5% from the same week the year prior.

   Week-over-week, Southern CARB gasoline fell by 49,000 bbl to 2.74 million 
bbl. Southern non-California gasoline fell by 38,000 bbl to 540,000 bbl last 
week, while Southern blending components increased by 185,000 bbl to 2.818 
million bbl in the same period.

   In Northern California, gasoline stocks rose by 530,000 bbl to 5.362 million 
bbl and were 18% higher than the same period of previous year.

   Northern CARB gasoline jumped by 609,000 bbl to 3.019 million bbl on a 
weekly basis, while Northern non-California gasoline dropped by 100,000 bbl to 
282,000 bbl. Northern blending components climbed by 21,000 bbl to 2.061 
million bbl.

   On the production side, statewide gasoline output rose by 106,000 bbl to 
6.28 million bbl in the week ended December 12, and was up 0.6% above the same 
week of last year.
Southern California gasoline production decreased by 58,000 bbl to 4.165 
million bbl in the profiled week and was up 4.4% annually.
Southern CARB gasoline production rose by 243,000 bbl to 3.466 million bbl last 
week, while Southern non-California gasoline production fell by 301,000 bbl to 
699,000 bbl in the same period.
Northern California gasoline production climbed by 164,000 bbl to 2.115 million 
bbl week-over-week, but was down 6% from the same week of last year. 

   Northern CARB production advanced by 15,000 bbl to 1.897 million bbl last 
week, with Northern non-California production rising by 149,000 to 218,000 bbl 
in the reference week. .

    

    




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