Summary of Weekly Petroleum Data for the Week Ending July 3, 2009
U.S. crude oil refinery inputs averaged nearly 15.0 million barrels per day during the week ending July 3, relatively unchanged from the previous week's average. Refineries operated at 86.8 percent of their operable capacity last week. Gasoline production rose slightly last week, averaging nearly 9.3 million barrels per day. Distillate fuel production decreased last week, averaging 4.0 million barrels per day.
U.S. crude oil imports averaged 9.2 million barrels per day last week, down 139 thousand barrels per day from the previous week. Over the last four weeks, crude oil imports have averaged 9.2 million barrels per day, 775 thousand 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 1.2 million barrels per day. Distillate fuel imports averaged 221 thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 2.9 million barrels from the previous week. At 347.3 million barrels, U.S. crude oil inventories are above the upper boundary of the average range for this time of year. Total motor gasoline inventories increased by 1.9 million barrels last week, and are in the upper half of the average range. Both finished gasoline inventories and gasoline blending components increased last week. Distillate fuel inventories increased by 3.7 million barrels, and are above the upper boundary of the average range for this time of year. Propane/propylene inventories increased by 1.3 million barrels last week and are above the upper limit of the average range. Total commercial petroleum inventories increased by 5.1 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 about 18.4 million barrels per day, down by 5.9 percent compared to the similar period last year. Over the last four weeks, motor gasoline demand has averaged nearly 9.2 million barrels per day, up by 1.3 percent from the same period last year. Distillate fuel demand has averaged about 3.3 million barrels per day over the last four weeks, down by 12.3 percent from the same period last year. Jet fuel demand is 13.2 percent lower over the last four weeks compared to the same four-week period last year.
The tables that follow display the latest U.S. Petroleum Balance Sheet and the most recent 4 weeks of Weekly Petroleum Status Report data.