Summary of Weekly Petroleum Data for the Week Ending October 30, 2009
U.S. crude oil refinery inputs averaged 14.0 million barrels per day during the
week ending October 30, 233 thousand barrels per day below the previous week's
average. Refineries operated at 80.6 percent of their operable capacity last
week. Gasoline production increased last week, averaging 9.0 million barrels
per day. Distillate fuel production increased last week, averaging 4.0 million
barrels per day.
U.S. crude oil imports averaged 8.1 million barrels per day last week, down 764
thousand barrels per day from the previous week. Over the last four weeks,
crude oil imports have averaged 8.6 million barrels per day, 1.5 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 1.1 million barrels per day. Distillate fuel imports
averaged 197 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) decreased by 4.0 million barrels from the previous week. At
335.9 million barrels, U.S. crude oil inventories are near the upper limit of
the average range for this time of year. Total motor gasoline inventories
decreased by 0.3 million barrels last week, and are above the upper limit of
the average range. Finished gasoline inventories increased while blending
components decreased last week. Distillate fuel inventories decreased by 0.4
million barrels, and are above the upper boundary of the average range for this
time of year. Propane/propylene inventories decreased by 1.4 million barrels
last week and are in the upper half of the average range. Total commercial
petroleum inventories decreased by 8.4 million barrels last week, and are above
the upper limit of the average range for this time of year.
Total products supplied over the last four-week period has averaged 18.8
million barrels per day, down by 4.5 percent compared to the similar period
last year. Over the last four weeks, motor gasoline demand has averaged 9.0
million barrels per day, remaining unchanged from the same period last year.
Distillate fuel demand has averaged 3.6 million barrels per day over the last
four weeks, down by 14.8 percent from the same period last year. Jet fuel
demand is 3.1 percent lower over the last four weeks compared to the same
four-week period last year.
Table 1. U.S. Petroleum Balance Sheet, 4 Weeks Ending 10/30/2009
Cumulative
Four Week Averages Daily Averages
Petroleum Supply Ending % 302 Days %
(Thousand Barrels per Day) 10/30/09 10/30/08 Change 2009 2008 Chg
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Crude Oil Supply
Domestic Production (1) 5,374 4,669 15.1 5,253 4,934 6.5
Net Imports (Incl SPR) (2) 8,580 10,043 -14.6 9,195 9,752 -5.7
Gross Imports (Excl SPR) 8,612 10,086 -14.6 9,183 9,779 -6.1
SPR Imports 0 0 -- 48 0 --
Exports 32 43 -25.6 36 27 33.3
SPR Stocks W/D or Added 0 19 -- -77 -16 --
Other Stocks W/D or Added 54 -278 -- -24 -86 --
Product Supplied and Losses 0 0 -- 0 0 --
Unaccounted-for Crude Oil (3) 78 99 -- 71 99 --
Crude Oil Input to Refineries 14,085 14,552 -3.2 14,418 14,683 -1.8
Other Supply
Natural Gas Liquids Prod. (4) 1,958 1,891 3.5 2,002 2,097 -4.5
Other Liquids New Supply 502 692 -27.5 627 483 29.8
Crude Oil Product Supplied 0 0 0.0 0 0 0.0
Processing Gain 956 1,016 -5.9 974 994 -2.0
Net Product Imports (5) 659 1,501 -56.1 853 1,367 -37.6
Gross Product Imports (5) 2,518 3,116 -19.2 2,764 3,145 -12.1
Product Exports (5) 1,859 1,615 15.1 1,911 1,778 7.5
Prod Stocks W/D or Added (6)(7) 658 46 -- -145 -47 --
Total Prod Supplied for Domestic Use 18,818 19,698 -4.5 18,728 19,577 -4.3
Products Supplied
Finished Motor Gasoline (4) 9,020 9,024 0.0 9,024 9,004 0.2
Kerosene-Type Jet Fuel 1,373 1,417 -3.1 1,410 1,564 -9.8
Distillate Fuel Oil 3,563 4,182 -14.8 3,598 3,968 -9.3
Residual Fuel Oil 613 597 2.7 548 619 -11.5
Propane/Propylene 1,252 1,106 13.2 1,078 1,134 -4.9
Other Oils (8) 2,998 3,372 -11.1 3,069 3,289 -6.7
Total Products Supplied 18,818 19,698 -4.5 18,728 19,577 -4.3
Total Net Imports 9,238 11,544 -20.0 10,048 11,119 -9.6
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Petroleum Stocks % Chg fr
(Million Barrels) 10/30/09 10/23/09 10/30/08 Prev Week Yr Ago
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Crude Oil (Excluding SPR) (9) 335.9 339.9 312.1 -1.2 7.6
Total Motor Gasoline 208.3 208.6 194.7 -0.1 7.0
Reformulated 0.6 0.7 1.2 -14.3 -50.0
Conventional 77.4 76.9 94.4 0.7 -18.0
Blending Components 130.3 131.0 99.0 -0.5 31.6
Kerosene-Type Jet Fuel 45.2 45.9 38.4 -1.5 17.7
Distillate Fuel Oil (7) 167.4 167.8 127.6 -0.2 31.2
15 ppm sulfur and Under 95.3 95.5 67.7 -0.2 40.8
> 15 ppm to 500 ppm sulfur 21.5 20.6 19.6 4.4 9.7
> 500 ppm sulfur 50.6 51.7 40.3 -2.1 25.6
Residual Fuel Oil 35.1 34.3 39.4 2.3 -10.9
Propane/Propylene 69.6 71.0 59.5 -2.0 17.0
Unfinished Oils 82.4 82.7 92.3 -0.4 -10.7
Other Oils (10) 145.4 147.5 144.8 -1.4 0.4
Total Stocks (Excl SPR) (7) 1,089.2 1,097.6 1,008.7 -0.8 8.0
Crude Oil in SPR 725.1 725.1 701.9 0.0 3.3
Total Stocks (Incl SPR) (7) 1,814.3 1,822.7 1,710.6 -0.5 6.1
The Spike Line
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