EIA: PADD 2 Gasoline Stocks Extend to Near 10-Month High
1/14 11:39 AM
EIA: PADD 2 Gasoline Stocks Extend to Near 10-Month High Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- Midwest gasoline and distillate inventories increased last week, while jet fuel stocks edged lower, Energy Information Administration said in data released Wednesday (1/14). Total motor gasoline inventories in the PADD 2 region increased by 3.4 million bbl to 56.5 million during the week ended Jan. 9. EIA data showed it was the loftiest gasoline stockpiles since the 57.5 million bbl reported for the week ended March 28, marking a nearly 10-month high. The latest weekly balance for gasoline was also above the 53.8 million bbl reported during the same week of last year, reflecting seasonal demand softness and improved supply coverage across the region. Retail prices tracked the loose inventory structure, with Midwest gasoline averaging 29.5cts below last year's level at $2.604 gallon during the week ended Jan. 12 -- despite a week-on-week rise of 1.9cts. Regional distillate fuel oil inventories in PADD 2 rose by 1.3 million bbl to 30.7 million bbl during the reported week. Despite the build, stocks remained below the 34.4 million bbl reported in the same week last year, as winter demand continued to weigh on year-over-year balances. Retail diesel prices moved lower alongside the inventory increase, with Midwest diesel averaging $3.365 gallon in the week ending Jan. 12, down by 2.2cts on the week and 16.7cts lower than the same week last year. Jet fuel inventories in the Midwest slipped to 7.5 million bbl, down slightly from the 7.6 million bbl the prior week but above the 7.3 million bbl held in the same week last year -- maintaining adequate supply following earlier seasonal draws. (c) Copyright 2026 DTN, LLC. All rights reserved.