CEC: California Gasoline Stocks Fall 124,000 Bbl on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- California gasoline inventories declined in the week 
ending December 19, pressured by draws in both Northern and Southern 
California, according to the California Energy Commission's Weekly Fuels Report 
released Friday (12/26).

   Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, fell by 124,000 bbl to 11.336 million bbl, though still 
12% higher than last year.

   Northern California gasoline inventories slipped by 22,000 bbl to 5.34 
million bbl, but remained 17% above year-ago levels.

   Northern CARB reformulated gasoline stocks fell by 112,000 bbl to 2.907 
million bbl. Northern non-California gasoline stocks were unchanged at 282,000 
bbl, while Northern blending components climbed by 90,000 bbl to 2.151 million 
bbl.

   Southern California gasoline inventories declined by 101,000 bbl to 5.997 
million bbl, though still 9% higher than last year.

   Southern CARB reformulated gasoline stocks dropped by 135,000 bbl to 2.605 
million bbl. Southern non-California gasoline rose by 18,000 bbl to 558,000 
bbl, while Southern blending components increased by 16,000 bbl to 2.834 
million bbl.

   Statewide gasoline production fell by 480,000 bbl to 5.8 million bbl, down 
3% from last year.

   Southern California gasoline production declined by 468,000 bbl to 3.697 
million bbl, down 7% annually.

   Southern CARB reformulated gasoline production fell by 201,000 bbl to 3.265 
million bbl, while Southern non-California gasoline production dropped by 
267,000 bbl to 432,000 bbl.

   Northern California gasoline production edged lower by 11,000 bbl to 2.104 
million bbl, but remained 4% higher than last year.

   Northern CARB reformulated gasoline production climbed by 34,000 bbl to 
1.931 million bbl, while Northern non-California gasoline production fell by 
45,000 bbl to 173,000 bbl.

    




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