Updated
Updated · MarketWatch · May 7
California refineries' gasoline production surges
Updated
Updated · MarketWatch · May 7

California refineries' gasoline production surges

15 articles · Updated · MarketWatch · May 7
  • For the week ended Friday, CARB RFG output rose to 4.459 million barrels from 3.835 million, while inventories edged up to 4.686 million barrels.
  • Gasoline blending component stocks increased to 3.949 million barrels, but jet fuel production slipped to 2.255 million barrels and diesel production fell to 664,000 barrels.
  • Jet stocks were nearly flat at 2.988 million barrels and diesel stocks at 1.413 million; both fuels remained mixed versus year-earlier levels as PBF Energy's Martinez refinery reported an extinguished pump fire.
With refinery capacity shrinking, can California prevent a fuel crisis without relying on controversial foreign oil imports?
Are California's strict fuel regulations pushing its isolated energy market toward an unavoidable breaking point?