CEC: Refiners Boost CARB ULSD Production, Stocks Increase


   
   OAKHURST, N.J. (DTN) -- Refiners in California ramped up production of the 
state mandated ultra-low sulfur diesel after two weeks of lower output, with 
supply of the fuel also higher for the first time in three weeks, the latest 
California Energy Commission data show.

   According to the CEC's Weekly Fuels Report, CARB ULSD output increased 
175,000 bbl to 1.187 million bbl, 2% higher than the same week in 2022. 
Production at northern facilities rose 143,000 bbl week-on-week while up 32,000 
bbl at sites in the south.

   Statewide CARB ULSD inventory posted a 141,000 bbl build to 2.199 million 
bbl through March 17, 7% higher than this time last year. Supply in the north 
dropped 123,000 bbl but built by 264,000 bbl to the south.

   The data show refiners scaled back output of the for-export ULSD by 30,000 
bbl on the week while supply of the fuel held higher a second week, up 75,000 
bbl.

   Jet fuel production across the state recouped the prior week decline and 
then some, up 316,000 bbl to 2.280 million bbl, 55% above a year ago. At 3.230 
million bbl, supply of the fuel edged up slightly week-over-week.




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