CEC: Northern California CARB RFG Supply Jumped 25% on Wk


   
Kristina Davis
DTN Refined Fuels Market Reporter

    

   MIAMI (DTN) -- California gasoline inventories rose sharply in the week 
ending June 27, led by a surge in Northern California's reformulated gasoline 
supply, according to the California Energy Commission's latest Weekly Fuels 
Report.

   Statewide gasoline stocks rose by 1.312 million bbl to 12.249 million bbl 
the week ending June 27, the data show.

   Northern CARB RFG stocks rose by 729,000 bbl to 3.723 million bbl from 2.994 
million bbl, marking the biggest regional shift. Northern blending components 
supply rose by 273,000 bbl to 1.642 million bbl, while non-California gasoline 
stocks fell by 782,000 bbl to 4.779 million bbl from 5.561 million bb the week 
prior. The Northern region's total gasoline inventories climbed by 782,000 bbl 
to 5.561 million bbl in the respective week.

   Southern California inventories rose by 531,000 bbl to 6.689 million bbl in 
the week ending June 27. CARB RFG supply rose by 640,000 bbl to 2.902 million 
bbl, non-California gasoline inventory increased by 49,000 bbl to 780,000 bbl 
and blending components supply fell by 158,000 bbl to 3.007 million bbl in the 
week ending June 27.

   Gasoline production across the state increased by 638,000 bbl to 6.588 
million bbl in the week reviewed. Southern production jumped by 660,000 bbl to 
4.592 million bbl, while Northern output declined 22,000 bbl to 1.996 million 
bbl, despite a slight uptick in CARB RFG production.




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