Summary of Weekly Petroleum Data for the Week Ending March 23, 2007

U.S. crude oil refinery inputs averaged nearly 15.0 million barrels per day
during the week ending March 23, up 167,000 barrels per day from the previous
week's average.  Refineries operated at 87.0 percent of their operable capacity
last week.  Gasoline production increased slightly compared to the previous
week, averaging over 8.9 million barrels per day, while distillate fuel
production decreased, averaging over 4.0 million barrels per day.

U.S. crude oil imports averaged over 9.6 million barrels per day last week, down
786,000 barrels per day from the previous week. Over the last four weeks, crude
oil imports have averaged nearly 9.7 million barrels per day, or 159,000 barrels
per day 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 1.1 million barrels per day. Distillate fuel
imports averaged 349,000 barrels per day last week.

U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) fell by 0.9 million barrels compared to the previous week. 
At 328.4 million barrels, U.S. crude oil inventories are above the upper end of
the average range for this time of year.  Total motor gasoline inventories
declined by 0.3 million barrels last week, and are in the upper half of the
average range.  Distillate fuel inventories decreased by 0.7 million barrels,
and are near the upper end of the average range for this time of year.  Most of
the decline was in heating oil inventories (high- sulfur), while diesel fuel
inventories (the sum of ultra-low and low- sulfur) inventories were relatively
unchanged. Propane/propylene inventories fell by 0.7 million barrels last week.
Total commercial petroleum inventories increased by 0.4 million barrels last
week, and are in the upper half of the average range for this time of year.

Total products supplied over the last four-week period has averaged 21.1 million
barrels per day, or 2.4 percent above the same period last year.  Over the last
four weeks, motor gasoline demand has averaged 9.2 million barrels per day, or
1.6 percent above the same period last year.  Distillate fuel demand has
averaged above 4.4 million barrels per day over the last four weeks, unchanged
compared to the same period last year. Jet fuel demand is up 3.8 percent over
the last four weeks compared to the same four-week period last year.