San Francisco Gasoline Basis Strengthen on Tight Supply


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) --Cash gasoline basis in San Francisco jumped on Thursday 
(8/20) amid supply tightness after federal data showed another steep weekly 
draw in West Coast PADD 5 gasoline supplies, leaving stocks at their lowest 
level in 10 weeks.

   In cash trade, August CARBOB regular in the bay traded at a 30cts premium to 
September NYMEX RBOB futures contract, up 7cts from the prior session.

   Motor gasoline stocks in the PADD 5 region dropped by 1.4 million bbl to 
28.1 million bbl during the week ended August 4, according to the Energy 
Information Administration's Weekly Petroleum Status Report released Wednesday 
(8/19). Year-on-year, gasoline stocks declined by 3.1 million bbl from the 31.2 
million bbl reported during the corresponding week of 2025.

   PADD 5 gasoline imports fell by 1,400 bpd to 28,100 bpd last week, remaining 
3,100 bpd lower compared with 31,200 bpd recorded a year earlier.

    




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