EIA: PADD 5 Gasoline Stocks Fall Fifth Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. West Coast (PADD 5) gasoline inventories fell for 
the fifth consecutive week, while distillates also declined and jet fuel stocks 
increased in the week ended March 13, according to Energy Information 
Administration data released Wednesday (3/18).
Motor gasoline inventories in the West Coast region fell by 900,000 bbl to 27.4 
million bbl in the reference week, EIA data showed. Stocks were also down by 
1.5 million bbl compared to the same week last year. Gasoline imports in the 
region fell by 16,000 bpd to 173,000 bpd but were higher by 82,000 bpd versus 
the same week last year.
Distillate fuel oil stocks in PADD 5 fell by 500,000 bbl to 11.5 million bbl 
week-over-week. Inventories were also down by 1.1 million bbl compared to last 
year. Distillate imports climbed by 13,000 bpd to 33,000 bpd in the respective 
week and were higher by 19,000 bpd year-over-year.
In contrast, jet fuel inventories in the West Coast climbed by 500,000 bbl to 
11.6 million bbl on a weekly basis and were up by 1.2 million bbl compared to 
the same week last year. Jet fuel imports increased by 84,000 bpd to 128,000 
bpd and were higher by 86,000 bpd year-over-year.
Crude oil inventories in PADD 5 grew by 1.3 million bbl to 45.5 million bbl  
during the reference week but were down by 500,000 bbl compared to last year. 
Crude imports dropped by 6,000 bpd to 950,000 bpd the previous week and were 
lower by 47,000 bpd versus the same week the previous year.




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