CEC: Calif. Gasoline Stocks Fall 578k bbl


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) --California gasoline inventories, including blending 
components, declined in the week ending September 5, led by draws in both 
Northern and Southern California, according to the California Energy 
Commission's latest Weekly Fuels Report.

   Statewide gasoline inventories, including all categories, fell by 578,000 
bbl to 11.566 million bbl in the week ended September 5.

   In Northern California, total gasoline inventories fell by 276,000 bbl to 
5.333 million bbl. CARB gasoline dropped by 264,000 bbl to 3.203 million bbl, 
while non-California gasoline declined by 72,000 bbl to 192,000 bbl. Blending 
components, however, rose by 60,000 bbl to 1.938 million bbl.

   Southern California gasoline stocks declined by 302,000 bbl to 6.233 million 
bbl. CARB gasoline climbed by 212,000 bbl to 2.999 million bbl, while 
non-California gasoline slipped by 27,000 bbl to 785,000 bbl. Blending 
components dropped by 275,000 bbl to 2.449 million bbl.

   Production also moved lower during the reference week. Statewide gasoline 
output fell by 736,000 bbl to 5.459 million bbl.

   Southern California production slid by 511,000 bbl to 3.606 million bbl. 
CARB gasoline production fell by 574,000 bbl to 3.048 million bbl, while 
non-California gasoline output climbed by 63,000 bbl to 558,000 bbl.

   In Northern California, overall gasoline output declined by 225,000 bbl to 
1.853 million bbl. CARB gasoline production dropped by 333,000 bbl to 1.464 
million bbl, while non-California gasoline output rose by 108,000 bbl to 
389,000 bbl.

    




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