CEC: California Gasoline Stocks Climb 7Kb on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- California gasoline inventories inched higher in the 
week ending October 31, led by modest builds in Northern California, according 
to the California Energy Commission's Weekly Fuels Report released Thursday 
(11/6).
Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, climbed by 7,000 bbl to 10.813 million bbl in the 
reference week, and was up 11% year over year.
Northern California gasoline inventories posted the largest movement, rising by 
307,000 bbl to 5.399 million bbl. CARB reformulated gasoline increased by 
330,000 bbl to 3.061 million bbl, while non-California gasoline declined by 
100,000 bbl to 387,000 bbl. Gasoline blending components advanced by 77,000 bbl 
to 1.951 million bbl.
Southern California gasoline inventories contracted by 300,000 bbl to 5.414 
million bbl, with reductions concentrated in reformulated gasoline. CARB 
gasoline dropped by 297,000 bbl to 2.188 million bbl, while non-California 
gasoline slipped by 37,000 bbl to 559,000 bbl. Blending component stocks edged 
up by 34,000 bbl to 2.667 million bbl.
Statewide gasoline production decreased by 59,000 bbl to 5.072 million bbl in 
the week ending October 31, down 19% year over year. Southern California led 
the decline, with total production down 75,000 bbl to 3.389 million bbl, as 
CARB gasoline output fell by 296,000 bbl to 2.922 million bbl and 
non-California gasoline increased by 221,000 bbl to 467,000 bbl.
Northern California gasoline production edged higher by 16,000 bbl to 1.683 
million bbl, marking a 19% annual decrease. Northern CARB output climbed by 
147,000 bbl to 1.643 million bbl, while non-California gasoline dropped by 
131,000 bbl to 40,000 bbl.




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