CEC: Calif. Total Gasoline Output DN Over 500,000 bbl on W
7/10 11:23 AM
CEC: Calif. Total Gasoline Output DN Over 500,000 bbl on Wk
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI (DTN) -- California total gasoline production fell sharply in the week
ending July 4, led by steep decline in Southern California CARB reformulated
gasoline output, according to data in the California Energy Commission's latest
Weekly Fuels Report.
Total statewide gasoline production, including CARB reformulated and
non-California gasoline, dropped by 574,000 bbl to 6.014 million bbl. Overall
CARB reformulated gasoline output dropped 478,000 bbl on the week and total
production of gasoline for export fell 96,000 bbl last week.
Southern California overall gasoline production in the region fell by
393,000 bbl to 4.199 million bbl. CARB gasoline output declined by 404,000 bbl
to 3.729 million bbl, while non-California production rose slightly by 11,000
bbl to 470,000 bbl in the respective week.
In North California, total gasoline production fell by 181,000 bbl to 1.815
million bbl in the week ending July 4. CARB gasoline output fell by 74,000 bbl
to 1.671 million bbl, while non-California gasoline production dropped by
107,000 bbl to 144,000 bbl.
Northern California total gasoline inventories rose by 294,000 bbl to 5.855
million bbl, driven by a 475,000 bbl increase in gasoline blending components
to 2.117 million bbl. Non-California gasoline also increased, up by 94,000 bbl
to 290,000 bbl in the respective week, while CARB gasoline stocks dropped
275,000 bbl to 3.448 million bbl.
In contrast, Southern California total gasoline supply dropped by 326,000
bbl to 6.363 million bbl. CARB gasoline saw the largest draw, down 283,000 bbl
to 2.619 million bbl, followed by a 62,000 bbl draw in non-California stocks to
718,000 bbl. Blending components supply added 19,000 bbl to 3.026 million bbl.
Statewide gasoline inventories, which includes CARB reformulated,
non-California and blending components, declined 31,000 bbl to 12.218 million
bbl.
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