EIA: PADD 5 Gasoline Inventory Up 2nd Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. West Coast gasoline and distillate stocks showed 
mixed movements last week while jet fuel inventories increased in the week 
ending April 17, Energy Information Administration data showed Wednesday (4/22).
Motor gasoline inventories in the PADD 5 region climbed for the second 
consecutive week, rising by 200,000 bbl to 28.5 million bbl during the week 
ended April 17. That is the highest level since the week ended February 27, 
when stocks reached 28.6 million bbl, following a rebound the prior week, the 
EIA's Weekly Petroleum Status Report showed. Year-on-year, gasoline stocks in 
the region were higher by 2.4 million bbl. PADD 5 gasoline imports increased by 
22,000 bpd to 254,000 bpd last week and were 53,000 bpd higher compared with 
the same week last year
Distillate fuel oil inventories in the region slipped by 600,000 bbl to 10.7 
million bbl during the week profiled and were 800,000 bbl lower than the volume 
reported in the same period last year, EIA data showed. Distillate imports rose 
by 5,000 bpd to 11,000 bpd on the week and were 8,000 bpd higher than the same 
week the previous year
Jet fuel stocks in the West Coast increased by 100,000 bbl to 10.8 million bbl 
and were 1.0 million bbl higher compared with the same week last year. Jet fuel 
imports surged by 71,000 bpd to 130,000 bpd last week and were 32,000 bpd 
higher year-on-year.
Crude oil inventories in PADD 5 tumbled by 1.2 million bbl to 45.7 million bbl 
during the week ending April 17 and were 2.7 million bbl lower than the same 
period last year. Crude imports jumped by 236,000 bpd to 1.070 million bpd on 
the week and were 302,000 bpd higher compared with the same week last year.
Refinery utilization in the West Coast slipped to 77% from 82.5% the prior 
week, according to EIA data.

    




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