Summary of Weekly Petroleum Data for the Week Ending March 30, 2007
U.S. crude oil refinery inputs averaged about 14.8 million barrels
per day during the week ending March 30, down 115,000 barrels
per day from the previous week's average. Refineries operated at
87.0 percent of their operable capacity last week. Gasoline
production decreased compared to the previous week, averaging
nearly 8.8 million barrels per day, while distillate fuel production
increased slightly, averaging nearly 4.1 million barrels per day.
U.S. crude oil imports averaged over 10.2 million barrels per day
last week, up 613,000 barrels per day from the previous week.
Over the last four weeks, crude oil imports have averaged over
10.0 million barrels per day, or 196,000 barrels per day more 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 1.0 million barrels
per day. Distillate fuel imports averaged 375,000 barrels per day
last week.
U.S. commercial crude oil inventories (excluding those in the
Strategic Petroleum Reserve) rose by 4.3 million barrels compared
to the previous week. At 332.7 million barrels, U.S. crude oil
inventories are above the upper end of the average range for this
time of year. Total motor gasoline inventories declined by 5.0
million barrels last week, and are in the lower half of the average
range. Distillate fuel inventories remained unchanged, and are
slightly above the upper end of the average range for this time of
year. Heating oil inventories (high-sulfur) fell last week, while
diesel fuel inventories (the sum of ultra-low and low-sulfur)
inventories reported a modest gain during this same time.
Propane/propylene inventories fell by 0.1 million barrels last week.
Total commercial petroleum inventories decreased by 2.7 million
barrels last week, and 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 21.0 million barrels per day, or 1.4 percent above
the same period last year. Over the last four weeks, motor gasoline
demand has averaged nearly 9.3 million barrels per day, or 1.7
percent above the same period last year. Distillate fuel demand has
averaged nearly 4.4 million barrels per day over the last four
weeks, down 1.9 percent compared to the same period last year. Jet
fuel demand is up 3.8 percent over the last four weeks compared to
the same four-week period last year.
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