CEC:Calif. Total Diesel Supply DN on NoCal Supply Draw


   
Kristina Davis
DTN Refined Fuels Market Reporter

    

    

   MIAMI (DTN) -- California diesel fuel inventories declined for the second 
consecutive week in the period ending July 4, with the draw in Northern 
California supply offsetting an inventory build in Southern California, 
according to the California Energy Commission's latest Weekly Fuels Report.

   Total statewide diesel stocks, including CARB and other diesels, fell by 
136,000 bbl to 2.61 million bbl in the respective week.

   Northern California supply dropped by 215,000 bbl to 1.265 million bbl last 
week. The largest contributor was CARB diesel, which declined to 739,000 bbl 
from 907,000 bbl the week prior. Southern California total diesel supply rose 
79,000 bbl to 1.426 million bbl in the week ending July 4 amid increases in 
CARB and other diesel stocks.

   On the production side, total statewide output rose by 38,000 bbl to 1.621 
million bbl. The week-on-week output increase was driven by gains in Northern 
California total diesel production, which rose 57,000 bbl to 558,000 bbl. CEC 
reports Northern California production of other diesel fuels rose to 335,000 
bbl from 278,000 bbl while CARB diesel output was unchanged at 223,000 bbl.

   Southern California total diesel production fell by 19,000 bbl to 1.063 
million bbl, in the respective week as CARB diesel output dropped by 109,000 
bbl to 380,000 bbl. Data show other diesel fuel production in the region up 
90,000 bbl to 683,000.




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