CEC: California Total Gasoline Supply Rose Last Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

    

   MIAMI (DTN) -- California total gasoline inventories, including blending 
components, increased in the week ending July 11, driven by strong builds in 
Southern California, according to the California Energy Commission's latest 
Weekly Fuels Report.

   Southern California total gasoline inventories, including blending 
components, rose 482,000 bbl to 6.845 million bbl last week. CARB gasoline led 
the gain, increasing 363,000 bbl to 2.982 million bbl. Blending components rose 
62,000 bbl to 3.088 million bbl, while non-California gasoline added 57,000 bbl 
to reach 775,000 bbl.

   Northern California gasoline stocks, however, declined by 64,000 bbl to 
5.791 million bbl as blending components fell 186,000 bbl to 1.931 million bbl. 
Non-California gasoline inventories rose by 138,000 bbl to 428,000 bbl, while 
CARB gasoline decreased 16,000 bbl to 3.432 million bbl.

   CEC data show overall statewide gasoline inventories, including blending 
components, up stocks climbed by 418,000 bbl to 12.636 million bbl in the week 
ended July 11.

   Gasoline production statewide increased by 83,000 bbl to 6.097 million bbl, 
lifted by gains in non-California gasoline output.

   Northern California overall gasoline production rose by 149,000 bbl to 1.964 
million bbl, led by a sharp jump in non-California gasoline, which rose 268,000 
bbl to 412,000 bbl. CARB gasoline production in the region, however, fell 
119,000 bbl to 1.552 million bbl.

   Southern California output declined by 66,000 bbl to 4.133 million bbl, as 
CARB gasoline production dropped by 130,000 bbl to 3.599 million bbl, while 
non-California gasoline output rose by 64,000 bbl to 534,000 bbl.




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