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Valero Energy Corporation Message Board

  • bluecheese4u bluecheese4u Oct 24, 2007 11:00 AM Flag

    Summary of Weekly Petroleum Data for the Week Ending October 19, 2007

    Summary of Weekly Petroleum Data for the Week Ending October 19, 2007

    U.S. crude oil refinery inputs averaged 14.9 million barrels per day during the
    week ending October 19, down 183,000 barrels per day from the previous week's
    average. Refineries operated at 87.1 percent of their operable capacity last
    week. Gasoline production rose compared to the previous week, averaging nearly
    9.0 million barrels per day. Distillate fuel production fell last week,
    averaging 3.9 million barrels per day.

    U.S. crude oil imports averaged 9.1 million barrels per day last week, down
    1,305,000 barrels per day from the previous week. Over the last four weeks,
    crude oil imports have averaged 9.9 million barrels per day, or 414,000 barrels
    per day less than averaged over the same four-week period last year. Total motor
    gasoline imports (including both finished gasoline and gasoline blending
    components)last week averaged 838,000 barrels per day. Distillate fuel imports
    averaged 235,000 barrels per day last week.

    U.S. commercial crude oil inventories (excluding those in the Strategic
    Petroleum Reserve) fell by 5.3 million barrels compared to the previous week. At
    316.6 million barrels, U.S. crude oil inventories are near the upper end of the
    average range for this time of year. Total motor gasoline inventories decreased
    by 2.0 million barrels last week, and are at the lower end of the average range.
    Both finished gasoline inventories and gasoline blending components fell last
    week. Distillate fuel inventories decreased by 1.8 million barrels, and are at
    the upper limit of the average range for this time of year. Propane/propylene
    inventories increased 0.6 million barrels last week. Total commercial petroleum
    inventories decreased by 7.9 million barrels last week, but are in the upper
    half of the average range for this time of year.

    Total products supplied over the last four-week period has averaged nearly 20.8
    million barrels per day, up by 0.4 percent compared to the similar period last
    year. Over the last four weeks, motor gasoline demand has averaged 9.2 million
    barrels per day, or 0.2 percent below the same period last year. Distillate fuel
    demand has averaged nearly 4.3 million barrels per day over the last four weeks,
    up 1.0 percent compared to the same period last year. Jet fuel demand is down
    3.3 percent 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 10/19/2007


    Source: Energy Information Administration

 
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