The Stats Page
          
        
        
          
            Industry News
          
        
        
          
            Distillate Stocks by PADD (Million Barrels)
          
        
        
          
            PRODUCTS IN STOCK: MOST RECENT WEEKS
          
        
        
          
            Ultra-Low Sulfur / 15 ppm and under
          
        
        
          
            Week Ending
          
        
        
          
            District
          
        
        
          
            10/04/13 09/27/13 Year Ago
          
        
        
          East Coast (PADD 1):
        
        
          27.7
        
        
          29.6
        
        
          19.4
        
        
          NEW ENGLAND:
        
        
          1.8
        
        
          1.7
        
        
          1.6
        
        
          MID-ATLANTIC:
        
        
          15.5
        
        
          17.2
        
        
          8.2
        
        
          SOUTHTO FLA:
        
        
          10.4
        
        
          10.7
        
        
          9.6
        
        
          Midwest (PADD 2):
        
        
          28.2
        
        
          29.2
        
        
          25.4
        
        
          Gulf Coast (PADD 3):
        
        
          32.8
        
        
          33.4
        
        
          30.5
        
        
          Rocky Mtn. (PADD 4):
        
        
          3.5
        
        
          3.3
        
        
          3.1
        
        
          West Coast (PADD 5):
        
        
          10.8
        
        
          11.0
        
        
          11.0
        
        
          
            U.S. Total
          
        
        
          
            103.0
          
        
        
          
            106.5
          
        
        
          
            89.3
          
        
        
          
            Low Sulfur / 15 ppm+ to 500 ppm
          
        
        
          
            Week Ending
          
        
        
          
            District
          
        
        
          
            10/04/13 09/27/13 Year Ago
          
        
        
          East Coast (PADD 1):
        
        
          1.5
        
        
          1.2
        
        
          0.8
        
        
          NEW ENGLAND:
        
        
          0.0
        
        
          0.0
        
        
          0.0
        
        
          MID-ATLANTIC:
        
        
          1.1
        
        
          0.8
        
        
          0.5
        
        
          SOUTHTO FLA:
        
        
          0.3
        
        
          0.3
        
        
          0.3
        
        
          Midwest (PADD 2):
        
        
          0.6
        
        
          0.6
        
        
          1.1
        
        
          Gulf Coast (PADD 3):
        
        
          2.0
        
        
          2.3
        
        
          3.0
        
        
          Rocky Mtn. (PADD 4):
        
        
          0.2
        
        
          0.2
        
        
          0.1
        
        
          West Coast (PADD 5):
        
        
          0.3
        
        
          0.4
        
        
          0.8
        
        
          
            U.S. Total:
          
        
        
          
            4.5
          
        
        
          
            4.7
          
        
        
          
            5.8
          
        
        
          
            Greater than 500 ppm (0.05%) Sulfur
          
        
        
          
            Week Ending
          
        
        
          
            District
          
        
        
          
            10/04/13 09/27/13 Year Ago
          
        
        
          East Coast (PADD 1):
        
        
          10.9
        
        
          10.7
        
        
          19.2
        
        
          NEW ENGLAND:
        
        
          4.1
        
        
          3.9
        
        
          6.2
        
        
          MID-ATLANTIC:
        
        
          6.0
        
        
          5.8
        
        
          11.8
        
        
          SOUTHTO FLA:
        
        
          0.8
        
        
          1.0
        
        
          1.2
        
        
          Midwest (PADD 2):
        
        
          0.9
        
        
          0.9
        
        
          1.2
        
        
          Gulf Coast (PADD 3):
        
        
          5.4
        
        
          4.9
        
        
          4.2
        
        
          Rocky Mtn. (PADD 4):
        
        
          0.1
        
        
          0.2
        
        
          0.1
        
        
          West Coast (PADD 5):
        
        
          1.2
        
        
          1.3
        
        
          1.1
        
        
          
            U.S. Total
          
        
        
          
            18.5
          
        
        
          
            18.0
          
        
        
          
            25.8
          
        
        
          
            TOTAL DISTILLATE STOCKS
          
        
        
          
            Week Ending
          
        
        
          
            District
          
        
        
          
            10/04/13 09/27/13 Year Ago
          
        
        
          East Coast (PADD 1):
        
        
          40.0
        
        
          41.5
        
        
          39.4
        
        
          NEW ENGLAND:
        
        
          6.0
        
        
          5.6
        
        
          7.8
        
        
          MID-ATLANTIC:
        
        
          22.6
        
        
          23.9
        
        
          20.4
        
        
          SOUTHTO FLA:
        
        
          11.4
        
        
          12.1
        
        
          11.1
        
        
          Midwest (PADD 2):
        
        
          29.7
        
        
          30.7
        
        
          27.7
        
        
          Gulf Coast (PADD 3):
        
        
          40.2
        
        
          40.7
        
        
          37.6
        
        
          Rocky Mtn. (PADD 4):
        
        
          3.8
        
        
          3.6
        
        
          3.3
        
        
          West Coast (PADD 5):
        
        
          12.4
        
        
          12.7
        
        
          12.9
        
        
          
            U.S. Total
          
        
        
          
            120.9
          
        
        
          
            126.0
          
        
        
          
            120.9
          
        
        
          Sources:
        
        
          Energy Information Administration, Weekly Petroleum Status Report.
        
        
          For information about distillate stocks, contact Diana House:
        
        
          202-586-9667 or by e-mail at 
        
        
        
          
            46 • OIL
          
        
        
          
            &
          
        
        
          
            ENERGY
          
        
        
          the biofuels market:  federal biodiesel
        
        
          blenders’ tax incentives; the Renewable
        
        
          Fuel Standards (RFS2); and state and local
        
        
          incentives and requirements.
        
        
          Scharingson explained that REG offers
        
        
          three REG-9000 products produced from
        
        
          different feed stocks, which have different
        
        
          cloud points to allow for better cold weather
        
        
          planning.  He went into additional details
        
        
          regarding the use of additives and REG’s
        
        
          insulated and heated tankers and rail cars.
        
        
          The company marketed 189 million
        
        
          gallons of biodiesel in 2012, and currently
        
        
          has 250 million gallon production capacity.
        
        
          REG recently celebrated the grand opening
        
        
          of its sixth northeast terminal at the IMTT
        
        
          Terminal in Bayonne, NJ, joining facilities in
        
        
          Ontario, NY, Whippany, NJ, Port Chester,
        
        
          NY, New Hyde Park, NY and Yaphank, NY.
        
        
          Scharingson stressed that the company is
        
        
          always looking to add terminal locations,
        
        
          and invited the audience members to speak
        
        
          to him directly about any opportunities of
        
        
          which they might be aware.
        
        
          PMAA PAC FUNDRAISER AT
        
        
          OMNI LA COSTA RESORT
        
        
          Petroleum Marketers Association of
        
        
          America (PMAA) Small Business Committee
        
        
          (SBC) PAC Co-Chairs Gerry Ramm and
        
        
          Michael Fields invite marketers to attend
        
        
          an event this month in beautiful Southern
        
        
          California benefiting PMAA’s SBC PAC.
        
        
          The event will be held at the Omni La
        
        
          Costa Resort and Spa ($209 per room)
        
        
          November 20-21, 2014.  The hotel rate is
        
        
          good three days before and after the event if
        
        
          you want to come early or stay longer.  Cost
        
        
          is $500 per golfing registrant and $200 for
        
        
          non-golfing guest.
        
        
          The event will start Wednesday evening,
        
        
          Nov. 20, with a cocktail reception from 6 to
        
        
          7 p.m. and dinner immediately to follow on
        
        
          the resort.  On Thursday, former two-time
        
        
          PGA Championship winner Dave Stockton
        
        
          will give golf lessons to attendees from 8 to
        
        
          11 a.m. followed by 18 holes of golf on La
        
        
          Costa’s Champions Golf Course.
        
        
          For more information or to register,
        
        
          call PMAA at (703) 351-8000 or e-mail
        
        
        
          
            Oil & Energy Securities Recap
          
        
        
          Company
        
        
          Symbol
        
        
          10/14/13
        
        
          09/13/13  Change
        
        
          
            Weather Summary
          
        
        
          
            Selected U.S. Cities
          
        
        
          
            (Population Weighted Heating Degree Days)
          
        
        
          The weather for the nation, as
        
        
          measured by population-weighted
        
        
          heating degree-days from July 1, 2013,
        
        
          through October 12, 2013, has been 25
        
        
          percent warmer than last year and 25
        
        
          percent warmer than normal.
        
        
          
            Current
          
        
        
          
            Normal
          
        
        
          
            % Change
          
        
        
          
            7/1/13
          
        
        
          
            7/1
          
        
        
          
            Current
          
        
        
          
            thru
          
        
        
          
            thru
          
        
        
          
            vs.
          
        
        
          
            Location
          
        
        
          
            10/12/13
          
        
        
          
            10/12
          
        
        
          
            Normal
          
        
        
          Boston
        
        
          139
        
        
          194
        
        
          -28%
        
        
          Chicago
        
        
          117
        
        
          241
        
        
          -51%
        
        
          Hartford
        
        
          198
        
        
          257
        
        
          -23%
        
        
          NewYork
        
        
          46
        
        
          106
        
        
          -57%
        
        
          Philadelphia
        
        
          59
        
        
          112
        
        
          -47%
        
        
          Pittsburgh
        
        
          141
        
        
          239
        
        
          -41%
        
        
          Portland
        
        
          323
        
        
          420
        
        
          -23%
        
        
          Providence
        
        
          148
        
        
          223
        
        
          -34%
        
        
          Raleigh
        
        
          32
        
        
          69
        
        
          -53%
        
        
          Richmond
        
        
          34
        
        
          85
        
        
          -60%
        
        
          Washington
        
        
          27
        
        
          47
        
        
          -43%
        
        
          Ashland Inc.
        
        
          ASH
        
        
          88.39
        
        
          91.41
        
        
          -3.4%
        
        
          BP-Amoco
        
        
          BP
        
        
          42.60
        
        
          41.94
        
        
          1.5%
        
        
          ChevronTexaco
        
        
          CVX
        
        
          118.58
        
        
          124.14
        
        
          -4.5%
        
        
          Conoco Philips
        
        
          COP
        
        
          71.96
        
        
          69.19
        
        
          4.0%
        
        
          Energy Transfer Partners
        
        
          ETP
        
        
          51.87
        
        
          50.87
        
        
          2.0%
        
        
          ExxonMobil
        
        
          XOM
        
        
          87.60
        
        
          88.40
        
        
          -0.9%
        
        
          Global Partners
        
        
          GLP
        
        
          32.11
        
        
          32.60
        
        
          -1.5%
        
        
          Hess Corp.
        
        
          HES
        
        
          81.31
        
        
          77.72
        
        
          4.6%
        
        
          LUKOIL
        
        
          LUKOY
        
        
          65.99
        
        
          61.70
        
        
          6.9%
        
        
          Marathon Oil
        
        
          MRO
        
        
          34.83
        
        
          35.57
        
        
          -2.1%
        
        
          National Grid Plc
        
        
          NGG
        
        
          60.29
        
        
          58.47
        
        
          3.1%
        
        
          Occidental
        
        
          OXY
        
        
          95.71
        
        
          89.49
        
        
          7.0%
        
        
          Royal Dutch Shell Plc
        
        
          RDSA
        
        
          64.94
        
        
          65.49
        
        
          -0.8%
        
        
          Star Gas
        
        
          SGU
        
        
          5.15
        
        
          4.75
        
        
          8.4%
        
        
          Tesoro Petroleum
        
        
          TSO
        
        
          45.57
        
        
          46.11
        
        
          -1.2%
        
        
          Total
        
        
          TOT
        
        
          59.23
        
        
          56.78
        
        
          4.3%
        
        
          Valero Energy
        
        
          VLO
        
        
          36.57
        
        
          35.05
        
        
          4.3%