EIA: PADD 1 Gasoline Up 200K Bbl, Distillates DN 600K


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast PADD 1 gasoline inventories increased 
during the week ending November 14, as stocks of jet fuel and crude oil rose 
too amid a drop in distillates, U.S. Energy Information Administration data 
released Wednesday (11/19) showed.

   PADD 1 gasoline stocks rose by 200,000 bbl to 49.6 million bbl in the 
profiled week and were 2.2 million bbl lower than the level recorded in the 
same week last year. Motor gasoline blending component stocks stood at 47 
million bbl, down 2.1 million bbl from the same week last year.

   PADD 1 distillate inventories fell by 600,000 bbl to 26.5 million bbl, well 
below the 33.3 million bbl reported in the same week last year. The region held 
25.2 million bbl of ultra-low sulfur diesel, compared with 31.9 million bbl 
last year.

   East Coast jet fuel inventories increased by 900,000 bbl to 10.1 million 
bbl, though inventories remained 200,000 bbl below the level reported in the 
same week last year. This comes as the region continues to experience steady 
flight activity despite seasonal fluctuations.

   Crude oil inventories in PADD 1 stood at 8.4 million bbl, compared with 8.1 
million bbl in the same week last year.




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