Production was up 5 percent from the week before, and inventories rose 12.5 percent from the previous week. Spot market prices declined as well. On the world market, crude oil prices continue to set new records.
Prices are up for California crude oil as well.
Diesel fuel Truckers saw some relief this week as record high diesel prices dropped slightly across the State. Diesel inventories remain down nearly 20 percent from the same time last year. The California Energy Commission provides this type of information weekly to keep you apprised of the gasoline situation over the summer months. On our Web Site, you can sign onto a listserver to receive this and other press releases automatically by e-mail.