EIA: PADD 3 Jet Fuel Stocks Fall to 3-Month Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) jet fuel inventories fell to 
a three-month low during the week ended August 28, while gasoline stocks 
declined and distillate fuel inventories increased as refinery utilization 
remained high, according to the U.S. Energy Information Administration's Weekly 
Petroleum Status Report released Wednesday (9/2).

   Jet fuel inventories fell by 500,000 bbl to 14.3 million bbl during the 
reference week, the lowest level since the week ended May 29, when stocks stood 
at 14.3 million bbl. Inventories remained 1.4 million bbl above the 12.9 
million bbl reported during the same week last year. The Gulf Coast reported no 
jet fuel imports during the reporting week.

   Motor gasoline inventories in the PADD 3 region fell by 1 million bbl to 
76.2 million bbl during the reference week, extending the previous week's 2.3 
million bbl decline. Inventories were 5.1 million bbl below the 81.3 million 
bbl reported during the same week last year. Gasoline imports into the Gulf 
Coast averaged 36,000 bpd, up from 7,000 bpd the previous week but below the 
46,000 bpd reported during the comparable week of 2025.

   Distillate fuel oil inventories, the feedstock for diesel, increased by 3.1 
million bbl to 42.7 million bbl during the profiled week, rebounding from the 
previous week's more than three-month low of 39.6 million bbl. Inventories 
remained 1.3 million bbl below the 44 million bbl reported during the same week 
last year. As a net exporter of distillate fuel, PADD 3 reported no distillate 
imports during the reporting week.

   Crude oil inventories in PADD 3 fell by 6.3 million bbl to 245.1 million bbl 
during the reference week, extending the previous week's 2.2 million bbl 
decline. Inventories remained 5.7 million bbl above the 239.4 million bbl 
reported during the same week last year. Crude oil imports into the Gulf Coast 
averaged 1.721 million bpd, down from 1.736 million bpd the previous week but 
above the 1.591 million bpd reported during the comparable week of 2025.

   Refinery utilization on the Gulf Coast increased to 97.7% of operable 
capacity from 97% the previous week, while crude oil inputs into refineries 
averaged 9.600 million bpd, up from 9.520 million bpd the week before, EIA data 
showed.

    




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