MARKETWIRE ALERTS


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   MARKETWIRE ALERTS 

   MarketWire Afternoon News for July 16th

   Updated at 5:00 PM ET 

    

   HEADLINES:

   -- CITGO Corpuse Christi Refinery Reports SO Emission

   -- CEC: California Gasoline Stocks Fall 154,000 Bbl

   -- CEC: California Diesel Stocks Fall 169,000 Bbl

   -- EIA: US NatGas Storage Reports 41 Bcf Weekly Injection

    

   NEWS:

   -- CITGO Corpuse Christi Refinery Reports SO Emission

   CITGO reported a sulfur dioxide (SO) emission event at its 167,000 bpd 
Corpus Christi West refinery, according to an initial incident report filed 
with the Texas Commission on Environmental Quality on Thursday (7/16).

   The event lasted approximately one hour and 40 minutes, beginning at 
midnight and ending at 1:40 a.m. on July 15, 2026.

   According to the filing, a third-party fuel gas processing facility shut 
down unexpectedly, triggering flaring at the West Plant. The flaring released 
SO through the facility's process/emergency flare, identified as unit 
573-ME1. Preliminary investigation confirmed the SO emissions exceeded the 
reportable quantity threshold.

   CITGO stated that it followed its fuel gas balance procedure in response to 
the incident to minimize emissions and bring the flaring event to an end.

   The incident remains listed as open in the TCEQ reporting system. No 
injuries or additional contaminants were reported in the initial filing.

    

    

   CEC: California Gasoline Stocks Fall 154,000 Bbl

   California Energy Commission data show statewide gasoline inventories 
declined in the week ending July 10, as the agency continues to report only 
statewide totals in its Weekly Fuels Report released Thursday (7/16).

   Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, fell by 154,000 bbl to 9.642 million bbl from 9.796 
million bbl the previous week and were 23.7% lower than the 12.636 million bbl 
reported during the same week last year.

   Statewide gasoline production fell by 315,000 bbl to 5.242 million bbl from 
5.557 million bbl the previous week and was 14.0% below the 6.097 million bbl 
produced during the same week last year.

   The California Energy Commission is currently publishing only statewide 
gasoline inventory and production data and is no longer providing regional 
Northern and Southern California breakdowns.

    

    

   CEC: California Diesel Stocks Fall 169,000 Bbl

   California Energy Commission data show statewide diesel inventories declined 
in the week ending July 10, as the agency continues to report only statewide 
totals in its Weekly Fuels Report released Thursday (7/16).

   Statewide CARB diesel and other diesel fuel stocks fell by 169,000 bbl to 
2.513 million bbl from 2.682 million bbl the previous week and were 4.1% higher 
than the 2.414 million bbl reported during the same week last year.

   Statewide diesel production increased by 50,000 bbl to 1.345 million bbl 
from 1.295 million bbl the previous week and was 1.3% above the 1.328 million 
bbl produced during the same week last year.

   The California Energy Commission is currently publishing only statewide 
diesel inventory and production data and is no longer providing regional 
Northern and Southern California breakdowns.

    

    

   EIA: US NatGas Storage Reports 41 Bcf Weekly Injection

   Energy Information Administration data released midmorning Thursday (7/16) 
show a 41 billion cubic feet injection into U.S. natural gas storage to 3.024 
trillion cubic feet in the week ended July 10.

   
Natural gas in U.S. storage is 0.7% lower than last year and 6.4% above the 
five-year average of 2.843 Tcf.

   
Regionally, EIA reports the East registered a 14 Bcf injection to 614 Bcf, 1.9% 
less than a year ago and 1.7% higher than the five-year average.

   
Natural gas in storage in the Midwest increased 20 Bcf week-on-week to 749 Bcf, 
a 3% surplus compared to the same week a year ago and 6.2% higher than the 
five-year average.

   
Mountain region natural gas in storage increased 4 Bcf, up 2.6% year-on-year to 
21.2% above the five-year average.

   
South Central storage rose 3 Bcf to 1103 Bcf, 5.2% less than in the same week 
last year and 2.7% above the five-year average.

    




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