EIA: PADD 2 Gasoline Stocks Remain Near 2-Year High
3/04 11:17 AM
EIA: PADD 2 Gasoline Stocks Remain Near 2-Year High Miguel E. Andujar DTN Energy Editor DAVENPORT, FL (DTN) -- Midwest (PADD 2) gasoline inventories held steady last week near a two-year high during the week ended February 27, while distillate stocks edged higher and crude oil balances increased, according to U.S. Energy Information Administration data released Wednesday. Motor gasoline inventories in PADD 2 were unchanged on the week at 61.1 million bbl, keeping stocks near their highest level since the week ended February 02, 2024, when inventories reached 61.6 million bbl, EIA data showed. Compared with the corresponding week last year, gasoline inventories were 700,000 bbl above the 60.4 million bbl recorded during the same period. Total motor gasoline imports averaged 10,000 bpd, up from 2,000 bpd the previous week but below 21,000 bpd recorded in the corresponding week of the prior year. Distillate fuel oil inventories in the Midwest increased by 100,000 bbl to 28.9 million bbl on the week and were 5.5 million bbl below the 34.4 million bbl reported in the same week of the prior year. Distillate fuel oil imports averaged 10,000 bpd, up from 4,000 bpd the previous week and above 9,000 bpd reported in the same week of the prior year. Jet fuel inventories in PADD 2 declined by 100,000 bbl to 7.8 million bbl on the week. Stocks were 100,000 bbl below volumes recorded in the same week of the prior year. During the profiled week, PADD 2 jet fuel imports were zero, week-over-week and year-over-year. Crude oil inventories in PADD 2 increased by 1.1 million bbl to 108.3 million bbl during the profiled week and were 1.4 million bbl below volumes recorded in the corresponding week of the prior year. Crude oil imports into the Midwest averaged 3.190 million bpd during the reference week, up from 3.049 million bpd the prior week and above 3.062 million bpd reported in the same week of the prior year. Refinery utilization in the Midwest rose to 92.7% of operable capacity from 86.1% the prior week and was above the 91.5% recorded in the same week of the prior year, according to EIA data. (c) Copyright 2026 DTN, LLC. All rights reserved.