Summary of Weekly Petroleum Data for the Week Ending March 22, 2013
U.S. crude oil refinery inputs averaged 14.9 million barrels per day during the week ending March 22, 2013, 364 thousand barrels per day above the previous week’s average. Refineries operated at 85.7 percent of their operable capacity last week. Gasoline production increased last week, averaging just under 8.9 million barrels per day. Distillate fuel production decreased last week, averaging 4.2 million barrels per day.
U.S. crude oil imports averaged about 8.2 million barrels per day last week, up by 841 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged 7.6 million barrels per day, about 1.2 million barrels per day below the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 505 thousand barrels per day. Distillate fuel imports averaged 223 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.3 million barrels from the previous week. At 385.9 million barrels, U.S. crude oil inventories are well above the upper limit of the average range for this time of year. Total motor gasoline inventories decreased by 1.6 million barrels last week but remained in the middle of the average range. Both finished gasoline inventories decreased and blending components inventories decreased last week. Distillate fuel inventories decreased by 4.5 million barrels last week and are near the lower half of the average range for this time of year. Propane/propylene inventories decreased by 0.9 million barrels last week, but remained in the upper half of the average range. Total commercial petroleum inventories decreased by 1.9 million barrels last week.
Total products supplied over the last four-week period have averaged 18.4 million barrels per day, up by 1.2 percent from the same pe
It is showing the same percapita usage of 1989. The population increases as do drivers on the road but petroleum usage per capita is steadily declining............most noticably since 2007 when petroleum use started to decline as a nation irregardless of population increases. This trend use to track the higher cost at the pump. I believe people are changing habits and buying more fuel efficient vehicles as a permanent remedy for the volitility that started in 2005. Looks refinery overcapacity.