CEC: California Gasoline Stocks Down 118Kb Wk-on-Wk

MIAMI, FL (DTN) –California gasoline inventories moved lower in the week ending September 19, with Northern California gasoline showing the largest movement, according to the California Energy Commission’s Weekly Fuels Report released Thursday (9/25).

Statewide gasoline stocks, including CARB reformulated, non-California grades, and blending components, fell by 118,000 bbl to 11.467 million bbl, up by 11% from 2024.

In Northern California, overall gasoline stocks dropped by 341,000 bbl to 5.184 million bbl, up by 26% from 2024. CARB reformulated gasoline in the north fell by 365,000 bbl to 3.104 million bbl, up by 21% compared to last year. Non-California grades rose by 64,000 bbl to 284,000 bbl, but were down by 19% from 2024. Blending components eased by 40,000 bbl to 1.796 million bbl, up by 49% from 2024.

Southern California gasoline stocks climbed by 168,000 bbl to 6.283 million bbl, up by 1% from 2024. CARB reformulated gasoline in the south dropped by 68,000 bbl to 2.915 million bbl, down by 2% from 2024. Non-California grades fell by 47,000 bbl to 687,000 bbl, but were down by 4% from 2024. Blending components in the south climbed by 57,000 bbl to 2.681 million bbl, down by 10% from 2024.

Statewide gasoline production climbed by 79,000 bbl to 5.974 million bbl, up by 6% from 2024.

Southern California production led the gains, climbing by 253,000 bbl to 4.175 million bbl, up by 2% from 2024. CARB reformulated gasoline output rose by 284,000 bbl to 3.631 million bbl, flat versus 2024. Non-California grades dropped by 31,000 bbl to 544,000 bbl, but were up by 18% from 2024.

Northern California gasoline production was unchanged at 1.973 million bbl, up by 26% from 2024. CARB reformulated output dropped by 160,000 bbl to 1.661 million bbl, up by 19% compared to last year. Non-California grades eased by 14,000 bbl to 138,000 bbl, down by 19% from 2024.