CEC: California Diesel Stocks Up 73,000 Bbl on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - California diesel inventories rose in the week ending 
December 12, driven by a net increase in Northern California stocks, according 
to the California Energy Commission's Weekly Fuels Report released Thursday 
(12/17).

   Statewide diesel stocks, including CARB and other grades, climbed by 73,000 
bbl to total 2.741 million bbl, while remaining down by 11% year over year.

   Northern California saw the largest movement for the week, with diesel 
inventories rising by 97,000 bbl to 1.576 million bbl. Northern diesel stocks 
were up by 27% from last year.

   In the breakdown of diesel stocks by category, Northern CARB diesel stocks 
rose by 72,000 bbl to 1.148 million bbl, while Northern other diesel climbed by 
25,000 bbl to 428,000 bbl.

   Southern California diesel inventories fell by 24,000 bbl to 1.165 million 
bbl and were down by 37% from last year.

   In the product category, Southern CARB diesel rose by 54,000 bbl to 579,000 
bbl. Southern other diesel slipped by 78,000 bbl to 664,000 bbl.

   On the production front, statewide diesel production tumbled by 128,000 bbl 
to 1.485 million bbl and was down by 1.4% from last year.

   Southern California diesel production slid by 64,000 bbl to 979,000 bbl. 
Year-on-year, output in the south was down by 4.8%.

   Southern CARB diesel output climbed by 118,000 bbl to 657,000 bbl, while 
production of Southern other diesel declined by 172,000 bbl to 332,000 bbl.

   Northern California diesel production fell by 64,000 bbl to 506,000 bbl, 
while remaining up 5% from the previous year. Northern CARB diesel output 
plunged by 383,000 bbl to 151,000 bbl, while Northern other diesel surged by 
299,000 bbl to 355,000 bbl.

    




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