CEC: California Diesel Stocks Slip 4,000 Bbl on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- California diesel inventories edged lower in the week 
ending December 19, as declines in Northern California outweighed gains in the 
south, according to the California Energy Commission's Weekly Fuels Report 
released on Friday (12/26) .

   Statewide diesel fuel stocks fell by 4,000 bbl to 2.737 million bbl, and 
were 13% lower than last year.

   Northern California diesel inventories posted the larger decline of the 
week, with total stocks falling by 55,000 bbl to 1.521 million bbl, though that 
was still 5% higher than a year ago.

   Northern CARB diesel stocks fell by 42,000 bbl to 1.106 million bbl, while 
Northern other diesel fuel inventories declined by 13,000 bbl to 415,000 bbl.

   Southern California diesel inventories climbed by 51,000 bbl to 1.216 
million bbl, but remained 28% below last year's levels.

   Southern CARB diesel stocks fell by 78,000 bbl to 501,000 bbl, while 
Southern other diesel fuel stocks rose by 129,000 bbl to 715,000 bbl.

   Statewide diesel production increased by 227,000 bbl to 1.712 million bbl, 
up 26% from last year.

   Southern California diesel production climbed by 76,000 bbl to 1.055 million 
bbl, up 22% annually.

   Southern CARB diesel production fell by 110,000 bbl to 547,000 bbl, while 
Southern other diesel fuel production climbed by 186,000 bbl to 508,000 bbl.

   Northern California diesel production rose by 151,000 bbl to 657,000 bbl, up 
34% from last year.

   Northern CARB diesel production climbed by 34,000 bbl to 185,000 bbl, while 
Northern other diesel fuel production increased by 117,000 bbl to 472,000 bbl.




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