CEC: Statewide CARB ULSD Output, Stocks Fell Last Week
4/10 3:58 PM
CEC: Statewide CARB ULSD Output, Stocks Fell Last Week OAKHURST, N.J. (DTN) --- Production of California mandated ultra-low sulfur diesel declined 10% in the week ended April 5 as refiners in both the northern and southern part of the state scaled back output, according to data in the California Energy Commission's latest Weekly Fuels Report. Statewide CARB ULSD production fell 73,000 bbl to 667,000 bbl last week, 51.5% lower than the same week in 2023. Output at southern facilities fell 49,000 bbl while down 24,000 bbl at northern sites. Total CARB ULSD supply declined for the first time in four weeks, dropping 510,000 bbl to 1.442 million bbl as of April 5, 41.2% below stocks held this time last year. CARB ULSD supply fell 252,000 bbl at southern storage sites and dropped 258,000 bbl at northern sites. CEC reports production of ULSD for-export out of state ticked up 9,000 bbl to 266,000 bbl last week while inventory dropped 166,000 bbl to 1.231 million bbl. Refiners ramped up jet fuel production 172,000 bbl to 2.255 million bbl through April 5, 10.2% higher than the year ago output rate. Overall jet fuel inventory increased 78,000 bbl to 3.448 million bbl, 8.5% more than last year. (c) Copyright 2024 DTN, LLC. All rights reserved.
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