A gas pump hozzle is shown in Wednesday, Aug. 4, 2010, in Portland, Ore.  Oil prices slipped toward $82 a barrel Thursday, pausing from a rally that lifted the commodity to a three-month high this week amid a weakening dollar and positive corporate earnings. (AP Photo/Rick Bowmer)

Friday, July 17, 2015 – 09:30 a.m.

Let’s just cut to the chase.

Where’s the expected major drop in California crude oil and refined gasoline production and stockpiles?

Maybe it’s invisible. Because it sure didn’t materialize in the weekly report from the California Energy Commission on Wednesday.

Official refinery data shows gas refinery production was up 4.5% from the previous week, with total gasoline stockpiles also up 0.7% from the previous week.

We have no idea why the media hasn’t the commonsense, or intelligence for that matter, to check this report. The list of excuses being used to justify the latest price gouge, just like in the spring, never arrived.

Here’s the report for the week ending July 10, 2015:

California Energy Commission Weekly Fuels Watch Report

These numbers are based on reports from California refineries, and are subject to refinery revision and Energy Commission verification.

Charts of statewide and regional production and inventories, with five-year comparisons

California Weekly Refinery Production and Stocks Levels
(Thousands of Barrels)

07/10/201507/03/2015Percent
Change
One Year
Ago
Percent
Change
Refinery Input
Crude Oil1159311772-1.5%12183-4.8%
Refinery Production
Motor Gasoline:
CARB RFG (incl. Non-Oxygenated)692267003.3%7139-3%
Non-California Gasoline107395112.8%65863.1%
Total Gasoline799576514.5%77972.5%
Jet Fuel: Kerosene206120570.2%20003.1%
Distillates:
CARB-Diesel (< 15ppm Sulfur)188718193.7%2065-8.6%
Other Diesel Fuel*378604-37.4%662-42.9%
Total Distillates22652423-6.5%2727-16.9%
Residual219322-32%283-22.6%
Refinery Stocks
Crude Oil1462015555-6%16223-9.9%
Motor Gasoline:
CARB RFG (incl. Non-Oxygenated)469145034.2%4796-2.2%
Non-California Gasoline10831230-12%10453.6%
Total Gasoline577457330.7%5841-1.1%
Gasoline Blending Components52775542-4.8%5281-0.1%
Jet Fuel: Kerosene-Naphtha3319280618.3%238139.4%
Distillates:
CARB-Diesel ( <15ppm Sulfur)19952137-6.6%2104-5.2%
Other Diesel Fuel*8561135-24.6%1147-25.4%
Total Distillates28513272-12.9%3251-12.3%
Residual14101424-1%111826.1%

*Other diesel fuel includes EPA diesel and high sulfur diesel.

Negative values indicate a transfer of finished production being used as an input to production for another finished product. This typically occurs with high sulfur diesel being converted to a lower sulfur fuel.

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