Summary of Weekly Petroleum Data for the Week Ending September 9, 2005
U.S. crude oil refinery inputs averaged nearly 14.7 million barrels per day
during the week ending September 9, up just 50,000 barrels per day from the
previous week's average, reflecting that many refineries were still out last
week. Refineries operated at 87.3 percent of their operable capacity last week
(capacity temporarily lost is not subtracted from operable capacity). Gasoline
production rose substantially, averaging nearly 8.5 million barrels per day.
However, distillate fuel production declined, averaging 3.7 million barrels per
day.
U.S. crude oil imports averaged over 9.1 million barrels per day last week, down
403,000 barrels per day from the previous week. Over the last four weeks,
crude oil imports have averaged over 9.9 million barrels per day, a decrease of
317,000 barrels per day from the comparable four weeks last year. Total motor
gasoline imports (including both finished gasoline and gasoline blending
components) last week averaged 1.1 million barrels per day, while distillate
fuel imports averaged 176,000 barrels per day.
U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) fell by 6.6 million barrels from the previous week. At 308.4
million barrels, U.S. crude oil inventories remain above the upper end of the
average range for this time of year. Total motor gasoline inventories rose by
1.9 million barrels last week, putting them at the bottom end of the average
range. Distillate fuel inventories decreased by 1.1 million barrels last week,
and are above the upper end of the average range for this time of year. Total
commercial petroleum inventories dropped by 4.1 million barrels last week, and
are in the upper half of the average range for this time of year.
Total product supplied over the last four-week period has averaged nearly 21.0
million barrels per day, or 0.4 percent more than averaged over the same period
last year. Over the last four weeks, motor gasoline demand has averaged over
9.1 million barrels per day, or 1.1 percent below the same period last year,
possibly reflecting the inability of some stations to receive supplies over the
last two weeks. Distillate fuel demand has averaged 4.0 million barrels per day
over the last four weeks, or 1.4 percent above the same period last year.
Kerosene-type jet fuel demand is down 3.1 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 four weeks of Weekly Petroleum Status Report data.
Continued...................
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