CEC: California Gasoline Stocks Climb 592K Bbl on Week

MIAMI, FL (DTN) — California gasoline inventories climbed in the week ending November 28, driven by increases in both Northern and Southern California, according to the California Energy Commission’s Weekly Fuels Report released Thursday (12/4).
Statewide gasoline stocks, including CARB reformulated, non-California, and blending components, climbed by 592,000 bbl to 10.535 million bbl last week, an 8% increase from last year.
Northern California saw the largest movement this week, with total gasoline inventories climbing by 455,000 bbl to 4.893 million bbl, up 17% annually.
Northern CARB gasoline edged up by 190,000 bbl to 2.858 million bbl. Northern non-California gasoline rose by 215,000 bbl to 468,000 bbl. Northern blending components climbed by 50,000 bbl to 1.567 million bbl.
Southern California gasoline inventories rose by 138,000 bbl to 5.643 million bbl week-over-week, up 1% compared with the same week of last year.
Southern CARB gasoline increased by 198,000 bbl to 2.704 million bbl. Southern non-California gasoline fell by 36,000 bbl to 493,000 bbl. Southern blending components dropped by 24,000 bbl to 2.446 million bbl last week.
Statewide gasoline production climbed by 1.050 million bbl to 6.394 million bbl in the profiled week, but fell 3% from the previous year.
Southern California gasoline production rose by 563,000 bbl to 4.139 million bbl week over week, up 13% on annual basis.
Southern CARB gasoline production jumped by 95,000 bbl to 3.248 million bbl, while Southern non-California gasoline production rose by 468,000 bbl to 891,000 bbl.
Northern California gasoline production increased by 486,000 bbl to 2.255 million bbl last week, 23% down from the same period of  last year.
Northern CARB production increased by 288,000 bbl to 1.989 million bbl in the week ended November 28, with Northern non-California gasoline production also rising by 198,000 bbl to 266,000 bbl during the same period .