CEC: California Diesel Stocks Jump 349,000 Bbl on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- California diesel inventories rose in the week ending 
February 6, led by stock builds in Northern California, the California Energy 
Commission's Weekly Fuels Report released Thursday (2/12) showed.

   Statewide CARB diesel and other diesel fuel stocks climbed by 349,000 bbl to 
3.012 million bbl, standing 1.8% higher than the previous year.

   Northern CARB diesel stocks rose by 414,000 bbl to 1.285 million 
week-over-week. Northern other diesel fuel stocks were unchanged at 428,000 bbl.

   Southern California diesel inventories, meanwhile, declined by 65,000 bbl to 
1.299 million bbl last week, 17% down from the same week last year.

   Southern CARB diesel stocks fell by 201,000 bbl to 609,000 bbl on a weekly 
basis, while Southern other diesel fuel stocks fell by 136,000 bbl to 690,000 
bbl in the same period.

   Statewide diesel production climbed by 89,000 bbl to 1.637 million bbl on 
week, standing 34% higher from the same week last year.

   Southern California diesel output slipped by 1,000 bbl on the week to at 
1.077 million bbl, remaining 42% lower than a year ago.

   Last week, Southern CARB diesel production eased by 181,000 bbl to 548,000 
bbl. Southern other diesel fuel production, meanwhile, rose by 18,000 bbl to 
529,000 bbl.

   During the profiled week, Northern California diesel production rose by 
90,000 bbl to 560,000 bbl, while standing 21% above year-ago levels.

   Northern CARB diesel production climbed by 279,000 bbl to 560,000 bbl in the 
week, while Northern other diesel fuel outage plunged to a negative 44,000 bbl 
from a prior 145,000 bbl.




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