California RFG Stocks move Off Multiyear Low, Up 5% on Wk


   
   OAKHURST, N.J. (DTN) --- Inventory of California mandated reformulated 
gasoline moved off a multiyear low, rising 5% in the week ended April 19, as 
refiners continued to ramp up production of the fuel, according to the latest 
data in the California Energy Commission's Weekly Fuels Report.

   CEC reports total CARB RFG inventory increased 222,000 bbl or 4.7% to 4.989 
million bbl last week, a better than 20% year-over-year supply deficit. Stocks 
at northern storage sites added 62,000 bbl and increased 160,000 bbl at 
southern facilities.

   Statewide CARB RFG production rose 302,000 bbl to 6.007 million bbl in the 
week ended April 19, 4.5% higher than a year ago. Refiners in the north 
increased output 144,000 bbl while to the south, CARB RFG production rose 
157,000 bbl last week.

   The data show for-export gasoline output up 142,000 bbl on the week to 
840,000 bbl and supply up 119,000 bbl to 1.230 million bbl.

   CEC reports inventory of gasoline blending components continued lower, down 
197,000 bbl to 4.752 million bbl as of April 19.




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