EIA: PADD 1 Gasoline DN 800K Bbl, Distillates Up 1.4M


   
Karim Bastati
DTN Analyst

   VIENNA (DTN) -- East Coast inventories of crude oil, gasoline and jet fuel 
all decreased in the week ending November 21, while stocks of distillate fuel 
oil expanded, U.S. Energy Information Administration data released Wednesday 
(11/26) showed.

   PADD 1 gasoline stocks fell by 800,000 bbl to 48.8 million bbl in the 
profiled week and were 1.8 million bbl lower than the level recorded in the 
same week last year. Motor gasoline blending component stocks fell to 46.4 
million bbl, down 1.8 million bbl from the same week last year.

   Jet fuel inventories on the East Coast also recorded a draw last week, down 
900,000 bbl to 9.2 million bbl.

   Regional distillate fuel oil inventories, in contrast, grew by 1.4 million 
bbl to 27.9 million bbl, still well below the 33.5 million bbl reported in the 
same week last year. The region held 26.8 million bbl of ultra-low sulfur 
diesel, compared with 32.2 million bbl last year.

   Crude oil inventories in PADD 1 fell 1.1 million bbl to 7.3 million bbl, 
compared with 8.8 million bbl in the same week last year.




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