EIA: PADD 3 Inventory Reports 1.7M Bbl Draw on Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) --Gulf Coast PADD 3 gasoline inventories showed the steepest 
fall in the week ending September 12, followed by jet fuel and crude oil, while 
distillate supplies surged in the region, according to U.S. Energy Information 
Administration data released on Wednesday (9/17).
Gasoline inventories fell by 1.7 million bbl to 80.2 million bbl in the 
reference week, down by 2.7 million bbl compared to the volume reported in the 
same week of last year. Gasoline imports declined to 45,000 bpd from 67,000 bpd 
and were lower than the 68,000 bpd recorded year-over-year.
Distillate stocks climbed by 2.8 million bbl to 47.0 million bbl in the 
reference week. Supplies were 3.2 million bbl above the 43.8 million bbl 
recorded in the same period of the prior year. Distillate imports were 
unchanged week-over-week, consistent with the same week of last year.

   Jet fuel inventories fell by 200,000 bbl to 13.0 million bbl last week That 
is 1.0 million bbl lower than the 14.0 million bbl reported last year. Jet 
imports were steady on a weekly basis and year-over-year.
Crude oil inventories fell by 7.5 million bbl to 237.4 million bbl in the week 
ending September 12. That is 3.4 million bbl below the 240.8 million bbl 
recorded in the same week of the prior year. Crude imports climbed to 1.190 
million bpd from 779,000 bpd but were below 1.219 million bpd in the same 
period of the previous year.




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