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  • bluecheese4u bluecheese4u Jan 30, 2008 3:45 PM Flag

    Summary of Weekly Petroleum Data for the Week Ending January 25, 2008

    Summary of Weekly Petroleum Data for the Week Ending January 25, 2008

    U.S. crude oil refinery inputs averaged 14.6 million barrels per day during the
    week ending January 25,down 302,000 barrels per day from the previous week's
    average. Refineries operated at 85.0 percent of their operable capacity last
    week. Gasoline production edged slightly lower compared to the previous week,
    averaging about 8.9 million barrels per day. Distillate fuel production fell
    last week, averaging nearly 3.9 million barrels per day.

    U.S. crude oil imports averaged about 10.1 million barrels per day last week,
    down 100,000 barrels per day from the previous week. Over the last four weeks,
    crude oil imports have averaged 10.1 million barrels per day, unchanged from the
    same four-week period last year. Total motor gasoline imports (including both
    finished gasoline and gasoline blending components) last week averaged nearly
    1.2 million barrels per day. Distillate fuel imports averaged 277,000 barrels
    per day last week.

    U.S. commercial crude oil inventories (excluding those in the Strategic
    Petroleum Reserve) rose by 3.6 million barrels compared to the previous week.
    At 293.0 million barrels, U.S. crude oil inventories are in the lower half of
    the average range for this time of year. Total motor gasoline inventories
    increased by 3.6 million barrels last week, and are above the upper limit of the
    average range. Both finished gasoline inventories and gasoline blending
    components inventories increased last week. Distillate fuel inventories declined
    by 1.5 million barrels, and are in the lower half of the average range for this
    time of year. Propane/propylene inventories decreased by 3.0 million barrels
    last week. Total commercial petroleum inventories decreased by 1.0 million
    barrels last week, and are in the middle of the average range for this time of
    year.

    Total products supplied over the last four-week period has averaged 20.8 million
    barrels per day, up by 1.1 percent compared to the similar period last year.
    Over the last four weeks, motor gasoline demand has averaged about 9.1 million
    barrels per day, or 1.4 percent above the same period last year. Distillate
    fuel demand has averaged 4.2 million barrels per day over the last four weeks,
    down 0.4 percent compared to the same period last year. Jet fuel demand is 4.8
    percent lower over the last four weeks compared to the same four-week period
    last year.

    The tables that follow display the latest U.S. Petroleum Balance Sheet and the
    most recent 4 weeks of Weekly Petroleum Status Report data.

    Table 1. U.S. Petroleum Balance Sheet, 4 Weeks Ending 01/25/2008

    Source: Energy Information Administration

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