CEC: Overall CARB ULSD Output Rose to an 11Wk High Last Wk
4/17 4:39 PM
CEC: Overall CARB ULSD Output Rose to an 11Wk High Last Wk OAKHURST, N.J. (DTN) --- Production of California mandated ultra-low sulfur diesel rose over 20% in the week ended April 12, marking an 11-week high with the bulk of the weekly gain reported at northern area refineries, according to data in the California Energy Commission's latest Weekly Fuels Report. Statewide CARB ULSD production increased 185,000 bbl to 936,000 bbl last week, 27% lower than the same week in 2023. Output at northern sites jumped 139,000 bbl while up 46,000 bbl at southern facilities. Total CARB ULSD supply eased 15,000 bbl to 1.427 million bbl as of April 12, 47.3% below stocks held this time last year. CARB ULSD supply fell 68,000 bbl at southern storage sites but rose 53,000 bbl at northern sites. CEC reports production of ULSD for-export out of state jumped 252,000 bbl to 518,000 bbl last week while inventory rose 54,000 bbl to 1.285 million bbl. Total jet fuel production held higher, up 59,000 bbl to 2.314 million bbl through April 12, 24% higher than output a year ago. Statewide fuel inventory decreased 47,000 bbl to 3.401 million bbl, a 7% year-over-year supply surplus. (c) Copyright 2024 DTN, LLC. All rights reserved.