EIA: PADD 5 Gasoline Rebounds After 7 Week Slide


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. West Coast gasoline and distillate stocks increased 
last week while jet fuel inventories also climbed in the week ending April 3, 
Energy Information Administration data showed Wednesday (4/8).
Motor gasoline inventories in the PADD 5 region rebounded after a seven week 
decline, grew by 600,000 bbl to 28.1 million bbl during the reference week, 
after rising the prior week, the EIA's Weekly Petroleum Status Report showed. 
Year on year, gasoline stocks in the region were higher by 900,000 bbl. PADD 5 
gasoline imports also grew by 55,000 bpd to 372,000 bpd, that's 131,000 bpd 
higher compared to the same week of last year.
Distillate fuel oil inventories in the same region climbed by 400,000 bbl to 
11.3 million bbl during the week profiled and were 100,000 bbl lower than the 
volume reported in the same period of last year, EIA data showed. Distillate 
imports in PADD 5 spiked by 33,000 bpd to 34,000 bpd in the reference week and 
were 32,000 bpd higher compared with the same week of last year.
Jet fuel stocks on the West Coast increased by 400,000 bbl to 11.4 million bbl 
but were 900,000 bbl higher from a year ago. Jet fuel imports in PADD 5 dropped 
by 5,000 bpd to 104,000 bpd last week but were 46,000 bpd higher compared with 
the same week of last year.
Crude oil inventories in PADD 5 declined by 300,000 bbl to 45.2 million bbl 
during the respective week and were 1.6 million bbl lower compared to the same 
period of last year. Crude imports in PADD 5 climbed by 70,000 bpd to 1.129 
million bpd on the week and were 119,000 bpd lower year-on-year.




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