CEC: California Gasoline Stocks Slip 28,000 Bbl on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- California gasoline inventories declined slightly in the 
week ending January 30, pressured by modest draws in both Northern and Southern 
California, according to the California Energy Commission's Weekly Fuels Report 
released Thursday (2/5).

   Statewide gasoline stocks, including CARB reformulated, non-California, and 
blending components, fell by 28,000 bbl to 11.094 million bbl, though still 3% 
lower than the same period last year.

   Northern California gasoline inventories slipped by 17,000 bbl to 5.925 
million bbl but remained 6% higher than year-ago levels.

   Northern CARB reformulated gasoline stocks climbed by 123,000 bbl to 3.883 
million bbl. Northern non-California gasoline stocks fell by 50,000 bbl to 
327,000 bbl, while Northern blending components declined by 90,000 bbl to 1.715 
million bbl.

   Southern California gasoline inventories edged lower by 11,000 bbl to 5.169 
million bbl, though 11% lower than a year earlier.

   Southern CARB reformulated gasoline stocks rose by 15,000 bbl to 2.068 
million bbl. Southern non-California gasoline stocks increased by 86,000 bbl to 
485,000 bbl, while Southern blending components fell by 112,000 bbl to 2.616 
million bbl.

   Statewide gasoline production increased by 478,000 bbl to 5.685 million bbl, 
up 2% from the prior year.

   Southern California gasoline production rose by 203,000 bbl to 3.624 million 
bbl, up 1% year over year.

   Southern CARB reformulated gasoline production spiked by 74,000 bbl to 3.255 
million bbl, while Southern non-California gasoline production rose by 129,000 
bbl to 369,000 bbl.

   Northern California gasoline production increased by 275,000 bbl to 2.061 
million bbl, up 4% from last year.

   Northern CARB reformulated gasoline production climbed by 334,000 bbl to 
1.992 million bbl.

    

    




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