CEC: California Gasoline Output Jumps Due to Southern Refi
6/12 12:55 PM
CEC: California Gasoline Output Jumps Due to Southern Refining Hike
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) -- The California Energy Commission's latest Weekly Fuels
Report showed California gasoline production rose sharply in the week ending
June 6, with the largest increase seen in Southern CARB Reformulated Gasoline
(CARB RFG), while Northern Non-California's output slipped slightly.
Statewide production of gasoline increased by 301,000 bbl to 6.303 bbl
during the reference week.
Total Southern production rose to 4.389 million bbl from 4.147 million bbl
for the respective week. Southern CARB RFG output climbed by 175,000 bbl to
3.882 million bbl week on week, while Non-California gasoline rose by 67,000
bbl to 507,000 bbl.
Total Northern production climbed overall by 59,000 bbl 1.914 million bbl
for the week ending June 6. In this region, the steepest fall week-on-week was
seen in Northern Non-California gasoline, which dropped by 80,000 bbl to 76,000
bbl. In contrast, Northern CARB RFG output increased by 139,000 bbl to 1.838
million bbl over the reference period.
Statewide, stocks climbed by 280,000 bbl to 11.157 million bbl week on week.
Northern total inventories rose by 67,000 bbl to 4.946 million bbl, with
CARB RFG stocks increasing by 247,000 bbl to 3.194 million bbl for the
reference week. Northern Non-California gasoline climbed by 44,000 bbl to
304,000 bbl, while Northern Blending Components declined by 224,000 bbl to
1.448 million bbl in the latest data.
In Southern California stocks grew by 213,000 bbl to 6.211 million bbl for
the week ending June 6. CARB RFG gasoline inventory rose by 257,000 bbl to
2.659 million bbl. Similarly, Non-California gasoline stocks ticked up by 6,000
bbl to 645,000 bbl, but Southern Blending Components dipped by 50,000 bbl to
2.907 million bbl.
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