EIA: PADD 1 Gasoline Stocks Rise 1.5Mb, Distillates Fall


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast PADD 1 crude oil, gasoline and jet fuel 
inventories rose during the week ending October 10 while distillate stocks 
declined, U.S. Energy Information Administration data released Wednesday 
(10/16) showed.

   PADD 1 gasoline stocks increased by 1.5 million bbl to 56.5 million bbl in 
the profiled week, a 2 million bbl drop compared to a year earlier. Gasoline 
imports fell to 383,000 bpd from 483,000 bpd the prior week, though above the 
323,000 bpd recorded in the same week a year earlier.

   PADD 1 distillate inventories fell by 2.5 million bbl to 27.7 million bbl in 
the reference week, which is 5.6 million bbl lower than the volume recorded in 
the same week of the previous year. The region imported 111,000 bpd of 
distillates, compared with 56,000 bpd the prior week and 99,000 bpd in the same 
week a year earlier.

   East Coast jet fuel inventories rose by 400,000 bbl to 9.7 million bbl in 
the respective week. That was 1.3 million bbl below the volume reported in the 
corresponding week a year earlier. Regional jet fuel imports stood at zero bpd, 
unchanged from the prior week in line with the volume reported during the same 
period last year.

   Crude oil inventories in PADD 1 rose by 1.4 million bbl to 8.1 million bbl 
in the week ending October 10, compared with 8.3 million bbl reported during 
the same week of the prior year.




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