Summary of Weekly Petroleum Data for the Week Ending January 5, 2007

U.S. crude oil refinery inputs averaged 15.6 million barrels per day during the
week ending January 5, up 74,000 barrels per day from the previous week's
average.  Refineries operated at 91.5 percent of their operable capacity last
week.  Gasoline production declined last week compared to the previous week,
averaging nearly 9.2 million barrels per day, while distillate fuel production
increased, averaging over 4.4 million barrels per day.

U.S. crude oil imports averaged 9.5 million barrels per day last week, down
621,000 barrels per day from the previous week. Over the last four weeks, crude
oil imports have averaged over 9.4 million barrels per day, or 534,000 barrels
less than averaged over the same four-week period last year.  Total motor
gasoline imports (including both finished gasoline and gasoline blending
components) last week averaged over 1.0 million barrels per day. Distillate fuel
imports averaged 475,000 barrels per day last week.

U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) dropped by 5.0 million barrels compared to the previous week.
However, at 314.7 million barrels, U.S. crude oil inventories remain above the
upper end of the average range for this time of year.  Total motor gasoline
inventories rose by 3.8 million barrels last week, and are near the upper end of
the average range.  Distillate fuel inventories rose by 5.4 million barrels, and
are above the upper end of the average range for this time of year.  Increases
were seen in both high-sulfur distillate fuel (heating oil) inventories and
diesel fuel inventories (a combination of ultra-low-sulfur and low-sulfur). 
Total commercial petroleum inventories jumped by 7.4 million barrels last week,
and are above the upper end of the average range for this time of year.

Total products supplied over the last four-week period has averaged 20.4 million
barrels per day, or 4.2 percent less than averaged over the same period last
year.  Over the last four weeks, motor gasoline demand has averaged 9.3 million
barrels per day, or 0.8 percent above the same period last year.  Distillate
fuel demand has averaged 4.2 million barrels per day over the last four weeks,
or 2.6 percent below the same period last year. Jet fuel demand is down 8.8
percent over the last four weeks compared to the same four-week period last
year.