California Crude Oil Prices

6/2/98


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Table of Contents

California Crude Oil Prices

CA Crude Oil Price History

World Petroleum Supply/Demand Balance

World Commercial Petroleum Stocks

Light-Heavy Price Difference Varies

Crude Market Impacts on Diff

Crude Price & Differential

Refinery Impacts

Share of Conversion Capacity

Product Market Impacts

Light-Heavy Crude & Product Price Differences

Four Time Periods

1986-1990

Light & Heavy Product Price Differences

Residual Fuel Demand

1991-1994

Cumulative Crude Production Additions (Annual)

1995-1996

W. Africa Crude Destinations

1997-1998

CA Following World Prices

More CA Crude Comparisons

CA Problem is Price

World Petroleum Supply/Demand Forecast

Crude Oil Price Forecast

Email: jcook@eia.doe.gov

Home Page: www.eia.gov

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