CEC: California Gasoline Stocks Rise 332K Bbl W-o-W

MIAMI, FL (DTN) –California gasoline inventories increased in the week ending October 17, led by gains in Southern California, according to the California Energy Commission’s Weekly Fuels Report released Thursday (10/23).

Statewide gasoline stocks, including CARB reformulated, non-California, and blending components, climbed by 332,000 bbl to 11.38 million bbl, and remained 14% above the same week a year ago.

Northern California gasoline inventories rose by 109,000 bbl to 4.918 million bbl, staying 15% above last year. CARB reformulated gasoline in the north fell by 51,000 bbl to 2.847 million bbl and non-California gasoline climbed by 63,000 bbl to 372,000 bbl, while blending components increased by 97,000 bbl to 1.699 million bbl.

Southern California gasoline inventories gained 223,000 bbl to 6.462 million bbl, 14% higher than 2024. CARB reformulated gasoline in the south rose by 91,000 bbl to 2.642 million bbl, non-California gasoline climbed by 177,000 bbl to 793,000 bbl, and blending components fell by 45,000 bbl to 3.027 million bbl.

Statewide gasoline production fell by 55,000 bbl to 5.205 million bbl and by 14% below year-ago levels.

Southern California gasoline production rose by 11,000 bbl to 3.33 million bbl, and was down 21% year over year. CARB reformulated gasoline output in the south climbed by 90,000 bbl to 3.049 million bbl, while non-California gasoline fell by 101,000 bbl to 281,000 bbl.

Northern California gasoline production declined by 44,000 bbl to 1.875 million bbl, and was up 2% from last year’s levels. CARB reformulated gasoline in the north climbed by 65,000 bbl to 1.765 million bbl, while non-California gasoline fell by 109,000 bbl to 110,000 bbl.