CEC: Calif. Total Diesel Supply Lower Again as of July 11


   
Kristina Davis
DTN Refined Fuels Market Reporter

    

    

   MIAMI (DTN) -- California total diesel inventories continued lower in the 
week ending July 11 with the southern part of the state reporting draws in 
supply for both state mandated and for-export ULSD, according to the California 
Energy Commission's latest Weekly Fuels Report.

   In Southern California, overall diesel inventories fell from 1.426 million 
bbl to 1.247 million last week. CARB diesel supply dropped 130,000 bbl to 
455,000 bbl while other diesel fuel inventory declined 49,000 bbl to 792,000 
bbl.

   Northern California total diesel inventories fell by 98,000 bbl to 1.167 
million bbl in the respective week. Data show CARB diesel in the region rose by 
34,000 bbl to 773,000 bbl with a drop of 132,000 bbl in other diesel fuel 
stocks to 394,000 bbl.

   Total statewide stocks including CARB and other diesel fuels dropped by 
277,000 bbl to 2.414 million bbl in the week ended July 11.

   Data show statewide diesel output dropped by 293,000 bbl to 1.328 million 
bbl with the bulk of the falloff from lower overall Southern California diesel 
output.

   Southern diesel production fell by 261,000 bbl to 802,000 bbl, driven by a 
135,000 bbl drop in CARB diesel to 245,000 bbl. There was also a 126,000 bbl 
decline in other diesel fuel to 557,000 bbl in the week ending July 11.

   Northern California output also edged lower. Total production in the region 
slipped by 32,000 bbl to 526,000 bbl. Data show other diesel output dropped by 
28,000 bbl to 307,000 bbl and CARB diesel production dipped by 4,000 bbl to 
219,000 bbl.




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