CEC: California Diesel Stocks Up 151,000 Bbl on Week


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - California diesel inventories rose in the week ending 
December 5, led by sharp increase in Northern California, according to the 
California Energy Commission's Weekly Fuels Report released Thursday (12/4).

   Statewide diesel stocks, including CARB and other grades, climbed by 151,000 
bbl to total 2.668 million bbl, while remaining down by 10% year over year.

   Northern California saw the largest movement for the week, with diesel 
inventories rising by 98,000 bbl to 1.489 million bbl. Total Northern diesel 
stocks were up by 18% from last year.

   Northern CARB diesel stocks rose by 96,000 bbl to 1.076 million bbl, while 
Northern other diesel climbed by 2,000 bbl to 403,000 bbl.

   Total southern California diesel inventories climbed by 53,000 bbl to 1.189 
million bbl, and were down by 31% from last year.

   Southern CARB diesel rose by 27,000 bbl to 525,000 bbl. Southern other 
diesel climbed by 26,000 bbl to 664,000 bbl.

   On the production front, statewide diesel production increased by 266,000 
bbl to total 1.613 million bbl, and higher by 1.6% from last year.

   Southern California diesel led output this week, with production rising by 
201,000 bbl to 1.043 million bbl. Year-on-year though, output in the south was 
down by 1%.

   Southern CARB diesel output rose by 133,000 bbl to 539,000 bbl, while 
production of Southern other diesel increased by 68,000 bbl to 504,000 bbl.

   Northern California diesel production advanced by 65,000 bbl to 570,000 bbl, 
down by 7% from the previous year. Northern CARB diesel output rose by 83,000 
bbl to 534,000 bbl, while Northern other diesel tumbled by 18,000 bbl to 36,000 
bbl.




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