STATISTICS
EXPORTS OF CRUDE AND PRODUCTS
–––––––––––––––– Total US ––––––––––––––––
3-17-17 3-10-17 *3-18-16
––––––––––––––– 1,000 b/d –––––––––––––––
Finished motor gasoline 592 535 398
Jet fuel-kerosine 191 189 162
Distillate 1,217 964 1,331
Residual 262 365 364
Propane/propylene 808 1,102 632
Other oils 1,714 1,813 1,498
Total products 4,784 4,968 4,385
Total crude 550 717 387
Total exports 5,334 5,685 4,772
NET IMPORTS
Total 4,950 3,873 5,482
Products ( 2,807) ( 2,815) ( 2,515)
Crude 7,757 6,688 7,997
*Revised.
Source: Oil & Gas Journal
Data available at PennEnergy Research Center.
Additional analysis of market trends is available
through OGJ Online, Oil & Gas Journal’s electronic
information source, at http://www.ogj.com.
CRUDE AND PRODUCT STOCKS
—–– Motor gasoline —––
Blending Jet fuel, ————— Fuel oils ————— Propane-
Crudeoil Total comp. kerosine Distillate Residual propylene
District ———————————————————————————— 1,000 bbl —————————————————————————
PADD 1 ..................................... 20,315 68,184 63,604 10,838 57,273 10,014 3,668
PADD 2 ..................................... 154,850 58,894 52,673 7,552 33,777 1,303 11,716
PADD3..................................... 276,200 79,988 69,983 13,349 46,622 23,364 27,517
PADD 4 ..................................... 25,655 7,804 5,947 541 4,078 292 1 1,433
PADD 5 ..................................... 56,090 28,599 26,670 9,548 13,642 4,599 —
Mar. 17, 2017.......................... 533,110 243,469 218,877 41,828 155,392 39,572 44,334
Mar. 10, 2017 ........................... 528,157 246,278 221,595 42,059 157,302 39,144 44,469
Mar. 18, 20162 .......................... 501,516 245,075 218,064 43,925 162,260 45,977 62,226
1Includes PADD 5. 2Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
REFINERY REPORT—MAR. 17, 2017
REFINERY –––––––––––––––––––––––––––– REFINERY OUTPUT –––––––––––––––––––––––––––
–––––– OPERATIONS –––––– Total
Gross Crude oil motor Jet fuel, ––––––– Fuel oils –––––––– Propane-
inputs inputs gasoline kerosine Distillate Residual propylene
District ––––––– 1,000 b/d –––––––– –––––––––––––––––––––––––––––––– 1,000 b/d –––––––––––––––––––––––––––––––
PADD 1 .............................................. 850 850 3,097 61 301 30 149
PADD2.............................................. 3,658 3,656 2,586 244 1,036 45 472
PADD3.............................................. 8,570 8,366 2,148 852 2,798 235 954
PADD 4 .............................................. 556 560 296 32 184 12 1 188
PADD 5 .............................................. 2,549 2,369 1,603 446 509 85 —
Mar. 17, 2017 ..................................... 16,183 15,801 9,730 1,635 4,828 407 1,763
Mar. 10, 2017 ..................................... 15,757 15,471 9,772 1,579 4,691 500 1,732
Mar. 18, 20162.................................... 16,069 15,820 9,677 1,509 4,742 396 1,692
18,508 Operable capacity 87.4utilization rate
1Includes PADD 5. 2Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
IMPORTS OF CRUDE AND PRODUCTS
— Districts 1-4 — — District 5 — ———— Total US ————
3-17 3-10 3-17 3-10 3-17 3-10 3-18*
2017 2017 2017 2017 2017 2017 2016
––––––––––––––––––––––––— 1,000 b/d ––––––––––––––––––––––––—
Totalmotorgasoline............. 310 527 16 45 326 572 415
Mo.gas.blendingcomp..... 302 495 16 41 318 536 290
Distillate............................... 126 78 1 2 127 80 94
Residual.............................. 267 209 62 33 329 242 324
Jetfuel-kerosine.................. 25 65 79 62 104 127 162
Propane-propylene.............. 101 111 34 40 135 151 90
Other................................... 826 709 129 271 956 981 785
Totalproducts...................... 1,655 1,699 321 453 1,977 2,153 1,870
Totalcrude........................... 6,947 6,217 1,360 1,186 8,307 7,403 8,385
Totalimports........................ 8,602 7,916 1,681 1,639 10,283 9,555 10,255
*Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
OGJ CRACK SPREAD
3-24-17*3-25-16* Change Change,
———–—$/bbl ——–——
SPOT PRICES
Productvalue 62.04 51.97 10.08 19. 4
Brentcrude 50. 10 39. 41 10. 70 27. 1
Crackspread 11.94 12. 56 (0.62) ( 4. 9)
FUTURES MARKET PRICES
One month
Productvalue 65. 59 57. 56 8.03 13. 9
Light sweet crude 47. 85 40. 15 7. 70 19. 2
Crack spread 17. 74 17. 41 0.33 1. 9
Six month
Productvalue 65. 77 58. 47 7. 30 12. 5
Light sweet crude 49. 65 43. 52 6. 13 14. 1
Crack spread 16. 12 14.95 1. 16 7. 8
*Average for week ending.
Source: Oil & Gas Journal
Data available at PennEnergy Research Center.
