California refiners throttle diesel production

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Friday, August 08, 2008 2:59:31 PM

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GasBuddy News Article

California refiners throttle diesel production Thursday, May 22, 2008
Central Valley Business Times -- With pump prices for diesel fuel at all-time highs, California refineries curtailed production of the fuel last week, the California Energy Commission reported Wednesday. There were 1,896,000 barrels of diesel refined that met the clean-burning standards of the California Air Resources Board (CARB) for the week ended May 16. The amount was 22.1 percent less than the previous week and 3.7 percent less than was refined during the comparable week in 2007, the commission said. Gasoline production increased 8.7 percent from the previous week to 7,196,000 barrels of CARB gasoline. The total was 6.1 percent more than a year earlier.
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Author	Topic: California refiners throttle diesel production	Post a Reply Back to Topics

JT Moderator	Message Posted: 5/22/2008 10:46:11 AM	Ignore JT Report Abuse
	Thursday, May 22, 2008 Central Valley Business Times -- With pump prices for diesel fuel at all-time highs, California refineries curtailed production of the fuel last week, the California Energy Commission reported Wednesday. There were 1,896,000 barrels of diesel refined that met the clean-burning standards of the California Air Resources Board (CARB) for the week ended May 16. The amount was 22.1 percent less than the previous week and 3.7 percent less than was refined during the comparable week in 2007, the commission said. Gasoline production increased 8.7 percent from the previous week to 7,196,000 barrels of CARB gasoline. The total was 6.1 percent more than a year earlier. Visit Central Valley Business Times for full article

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POLELANE Champion Author Ohio Posts:1,349 Points:135,300 Joined:Mar 2008	Message Posted: 5/27/2008 9:41:37 AM	Ignore POLELANE Report Abuse
	planting season underway; and i don't see any hybrid tractors in the fields; few lpg; mostly diesels
PathfinderSC All-Star Author South Carolina Posts:581 Points:110,310 Joined:Mar 2008	Message Posted: 5/26/2008 1:33:53 PM	Ignore PathfinderSC Report Abuse
	Let the trucks stop for a couple weeks , and see how fast something will break ( beside us )
BlueBike Champion Author San Jose Posts:2,178 Points:480,350 Joined:Feb 2007	Message Posted: 5/24/2008 11:02:13 PM	Ignore BlueBike Report Abuse
	This is why supply and demand no longer works.
kanmandoo All-Star Author Detroit Posts:813 Points:811,540 Joined:Jun 2005	Message Posted: 5/23/2008 2:36:36 PM	Ignore kanmandoo Report Abuse
	Less supply, more demand = higher prices.
pgerassi Champion Author Wisconsin Posts:2,056 Points:443,770 Joined:Apr 2007	Message Posted: 5/23/2008 2:27:18 PM	Ignore pgerassi Report Abuse
	They will have a big shock soon, diesel inventories don't drop with the cutback. And gasoline inventories skyrocket, cutting production there too. It will be the lowest gas selling Memorial Day weekend in many a year.
ncdiesel Sophomore Author North Carolina Posts:149 Points:39,655 Joined:Sep 2006	Message Posted: 5/23/2008 2:18:49 PM	Ignore ncdiesel Report Abuse
	We cut back on driving and they still stick it to us.
NinaGA Sophomore Author Atlanta Posts:151 Points:30,210 Joined:Apr 2008	Message Posted: 5/23/2008 2:18:13 PM	Ignore NinaGA Report Abuse
	Anything to keep profits up. We MUST come up with Alternatives. This is an artificial bubble created by corporate greed and fear mongering.
eddmac Champion Author Washington Posts:1,666 Points:431,885 Joined:May 2006	Message Posted: 5/23/2008 1:09:18 PM	Ignore eddmac Report Abuse
	If lost faith, American oil companies and ? [Edited by: eddmac at 5/23/2008 1:13:12 PM EST]
NissanGirl Sophomore Author Oregon Posts:176 Points:105,620 Joined:Jan 2008	Message Posted: 5/23/2008 10:59:20 AM	Ignore NissanGirl Report Abuse
	Especially since there are a lot of truckers that still need that diesel.
kmgaslooker Rookie Author Long Island Posts:42 Points:191,740 Joined:Jun 2007	Message Posted: 5/23/2008 10:55:37 AM	Ignore kmgaslooker Report Abuse
	Why would they reduce the amount of Diesel at these prices?
fluffysue Veteran Author New Jersey Posts:253 Points:28,215 Joined:Aug 2005	Message Posted: 5/23/2008 10:55:34 AM	Ignore fluffysue Report Abuse
	What happened, did they want to make sure there was a supply problem, so they can "justify" pointing to supply and demand as the reason for the high prices?
frede2 Champion Author Texas Posts:3,136 Points:699,895 Joined:May 2005	Message Posted: 5/23/2008 10:54:54 AM	Ignore frede2 Report Abuse
	Oh, yeah, throttle back production and go up on the price even more because of a "shortage". They are already charging close to $5 a gallon for diesel and it costs less to produce than gas. Of course, the 18-wheelers use diesel and if they have to pay more, those that don't go out of business have to pass the additional costs along and the price of everything else goes up and up and up and so on and so on.
Don20 Champion Author Oklahoma City Posts:1,029 Points:912,445 Joined:Mar 2005	Message Posted: 5/23/2008 10:46:44 AM	Ignore Don20 Report Abuse
	Now they are working on Diesel, I guess they need to run it up a little more.
w4kh Champion Author Riverside Posts:3,270 Points:563,340 Joined:May 2004	Message Posted: 5/23/2008 10:44:46 AM	Ignore w4kh Report Abuse
	Diesel was $4.99, $5.05 and $5.05 at the three stations I reported that sell diesel... I believe I'd be looking for better efficiency if I drove a diesel - I am looking for better mileage than the 30 I get now
rustyOR Veteran Author Oregon Posts:449 Points:99,025 Joined:Apr 2008	Message Posted: 5/23/2008 10:43:45 AM	Ignore rustyOR Report Abuse
	It's always California's fault. But we have always known that California has lots of faults.
FuelGrinch Sophomore Author Kansas Posts:156 Points:47,500 Joined:Aug 2005	Message Posted: 5/23/2008 10:42:37 AM	Ignore FuelGrinch Report Abuse
	The way the game is played is as follows: demand is up - production is up = profit is up demand is down - production is down = profit is still KEPT up. Either way THEY WIN.
SJS All-Star Author Los Angeles Posts:706 Points:1,159,990 Joined:Apr 2003	Message Posted: 5/23/2008 10:41:12 AM	Ignore SJS Report Abuse
	almost $5 a gallon in my area
KO292 Champion Author Twin Cities Posts:1,434 Points:461,965 Joined:Apr 2007	Message Posted: 5/23/2008 10:40:50 AM	Ignore KO292 Report Abuse
	not good
EarlyMoose Champion Author Seattle Posts:1,437 Points:609,165 Joined:Dec 2005	Message Posted: 5/23/2008 10:38:29 AM	Ignore EarlyMoose Report Abuse
	throttle,I reased the article and still disagree.
tomok Champion Author Portland Posts:7,490 Points:616,210 Joined:Aug 2006	Message Posted: 5/23/2008 10:37:55 AM	Ignore tomok Report Abuse
	Cutting the production of diesel just does not make sense. Driving a high MPG diesel is much better than driving a high MPG gasoline vehicle. Even though diesel prices are much higher than gasoline. Yeeessssch! Produce more and many different alternative fuels using NON FOOD sources. There are many lands alternative plants can be grown on that food crops cannot. Algae is a good source of bio oil for diesel or other refined products. Limit the import of OPEC oil.
throttle Champion Author Maryland Posts:4,062 Points:920,425 Joined:Jul 2004	Message Posted: 5/23/2008 10:35:23 AM	Ignore throttle Report Abuse
	Guys, reas the article. Inventory is staying constant and that's the important thing.
wild3bill Sophomore Author New York Posts:133 Points:508,125 Joined:Nov 2005	Message Posted: 5/23/2008 10:35:16 AM	Ignore wild3bill Report Abuse
	FTC needs to investigate for violation of the Sherman Anti-trust Act.
gasman50 All-Star Author Portland Posts:875 Points:720,740 Joined:Nov 2005	Message Posted: 5/23/2008 10:34:06 AM	Ignore gasman50 Report Abuse
	Diesel prices are soooooooooooo bad!
Masercal All-Star Author Michigan Posts:981 Points:239,885 Joined:Oct 2007	Message Posted: 5/23/2008 10:30:35 AM	Ignore Masercal Report Abuse
	Must be their profit margins are not as astronomical as they have been because consumers are cutting back. Shucks!
funandtrvl All-Star Author Illinois Posts:857 Points:116,750 Joined:Feb 2008	Message Posted: 5/23/2008 10:29:57 AM	Ignore funandtrvl Report Abuse
	This is terrible.
duriarte Veteran Author Utah Posts:363 Points:62,890 Joined:May 2008	Message Posted: 5/23/2008 10:27:59 AM	Ignore duriarte Report Abuse
	Typical politician, say your going to do something but don't say how or when.
fairchildd All-Star Author Kansas City Posts:653 Points:271,410 Joined:Aug 2007	Message Posted: 5/23/2008 10:27:34 AM	Ignore fairchildd Report Abuse
	well, either they aren't selling it at those prices, or they want to restrict product so the price continues to rise. Or both...
ledoy Champion Author Dayton Posts:4,655 Points:945,700 Joined:Aug 2005	Message Posted: 5/23/2008 10:26:12 AM	Ignore ledoy Report Abuse
	ok
mrpc90 Champion Author Illinois Posts:1,243 Points:306,970 Joined:Dec 2004	Message Posted: 5/23/2008 10:25:05 AM	Ignore mrpc90 Report Abuse
	Still waiting for Nancy Pelosi's "common sense" plan (that she announced in 2006) to correct these prices... Gas back then was around $2.69... now it is $4.09. Come on Nancy. Please start sharing what your plan is. We're all waiting....
mmene Sophomore Author Houston Posts:125 Points:41,250 Joined:May 2008	Message Posted: 5/23/2008 10:24:03 AM	Ignore mmene Report Abuse
	The article does not discuss the reasons at all, just the fact that they cut production. I wonder why. Probably because unit profits were higher on diesel.
Mooseman1 Champion Author Manitoba Posts:1,516 Points:211,540 Joined:Jul 2007	Message Posted: 5/23/2008 10:23:37 AM	Ignore Mooseman1 Report Abuse
	How often has that happened? Diesel costs more than gas.
MASHBY Rookie Author South Carolina Posts:91 Points:22,835 Joined:May 2008	Message Posted: 5/23/2008 10:22:10 AM	Ignore MASHBY Report Abuse
	the price of diesel is outragous
blazerbob91 All-Star Author Milwaukee Posts:706 Points:307,155 Joined:Aug 2005	Message Posted: 5/23/2008 10:21:31 AM	Ignore blazerbob91 Report Abuse
	Drive the price of diesel even higher.
duriarte Veteran Author Utah Posts:363 Points:62,890 Joined:May 2008	Message Posted: 5/23/2008 10:21:28 AM	Ignore duriarte Report Abuse
	How is it that it cost less to produce diesel, but it cost the consumer more?
laddyboy62 Champion Author Riverside Posts:1,060 Points:891,435 Joined:Mar 2005	Message Posted: 5/23/2008 10:21:21 AM	Ignore laddyboy62 Report Abuse
	slapping it to us
greywolves All-Star Author Las Vegas Posts:681 Points:835,175 Joined:Dec 2004	Message Posted: 5/23/2008 10:20:28 AM	Ignore greywolves Report Abuse
	suprise!! suckers.
MightyDude Champion Author Minnesota Posts:1,504 Points:930,470 Joined:Mar 2003	Message Posted: 5/23/2008 10:19:00 AM	Ignore MightyDude Report Abuse
	duh
praises7 Champion Author Twin Cities Posts:9,831 Points:1,825,240 Joined:Feb 2003	Message Posted: 5/23/2008 10:18:49 AM	Ignore praises7 Report Abuse
	Playing games!
_angel35_ Sophomore Author Michigan Posts:194 Points:67,405 Joined:Aug 2005	Message Posted: 5/23/2008 10:17:41 AM	Ignore _angel35_ Report Abuse
	can any1 say 'God complex'?
gaspricesinsc Rookie Author South Carolina Posts:22 Points:3,105 Joined:May 2008	Message Posted: 5/23/2008 10:15:39 AM	Ignore gaspricesinsc Report Abuse
	They need to stop!!!!!
SpruceGuse2 Champion Author Michigan Posts:1,201 Points:760,200 Joined:Mar 2006	Message Posted: 5/23/2008 10:15:37 AM	Ignore SpruceGuse2 Report Abuse
	They are playing with our livelihood and loving it.
CyanSquirrel All-Star Author Virginia Posts:508 Points:109,405 Joined:Jun 2004	Message Posted: 5/23/2008 10:12:28 AM	Ignore CyanSquirrel Report Abuse
	It won't help. Too little too late.
RdHogg Champion Author Houston Posts:10,637 Points:1,277,480 Joined:Jun 2004	Message Posted: 5/23/2008 10:11:13 AM	Ignore RdHogg Report Abuse
	double crap
RdHogg Champion Author Houston Posts:10,637 Points:1,277,480 Joined:Jun 2004	Message Posted: 5/23/2008 10:09:20 AM	Ignore RdHogg Report Abuse
	crap
Ramaniac Champion Author St. Louis Posts:6,287 Points:1,019,785 Joined:Sep 2005	Message Posted: 5/23/2008 10:07:54 AM	Ignore Ramaniac Report Abuse
	I wonder what the new standards will be. Now that they have figured out how to meet the CARB standards. I look for them to make them so high, it will be impossible to refine and keep the cost low.
CruisinLinda Champion Author Tallahassee Posts:4,238 Points:863,385 Joined:Sep 2005	Message Posted: 5/23/2008 10:06:22 AM	Ignore CruisinLinda Report Abuse
	Why are Californnia refiners cutting back on diesel fuel by 22 per cent? That is going to have to drive up the price for truck drivers even more? And we will pay it through produce prices.
gatj1025 Rookie Author Georgia Posts:92 Points:25,840 Joined:May 2008	Message Posted: 5/23/2008 10:06:18 AM	Ignore gatj1025 Report Abuse
	That's right - diesel prices are at an all time high so let's refine LESS! Are these people stupid?
tobasco Champion Author Los Angeles Posts:2,670 Points:746,490 Joined:Mar 2004	Message Posted: 5/23/2008 10:05:23 AM	Ignore tobasco Report Abuse
	I just saw $5.07/gal...Wow!
NavyEOD Champion Author Los Angeles Posts:1,441 Points:328,530 Joined:Jul 2007	Message Posted: 5/23/2008 9:54:25 AM	Ignore NavyEOD Report Abuse
	They do what ever they want.
RandyK9 Champion Author London Posts:3,074 Points:613,995 Joined:Jul 2006	Message Posted: 5/23/2008 9:53:06 AM	Ignore RandyK9 Report Abuse
	Ok