EIA: PADD 5 Gasoline Stocks Fall for Third Week
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) -- U.S. West Coast (PADD 5) gasoline inventories fell for a
third consecutive week in the week ending December 26, while distillate and jet
fuel stocks also declined and crude oil inventories were mixed, according to
Energy Information Administration data released Wednesday (12/31).
Motor gasoline inventories in PADD 5 totaled 29.6 million bbl last week,
down by 300,000 bbl from 29.9 million bbl a week earlier, EIA data showed.
Despite the weekly decline, gasoline stocks were 800,000 bbl higher than the
same week last year. Inventories remained above recent lows but were well off
earlier levels, with the most recent comparable low recorded in the week ended
Nov. 28, when stocks stood at 27.7 million bbl. Gasoline imports into the
region averaged 1,000 bpd in the reference week, down from 2,000 bpd the prior
week and flat compared with the same period in 2024.
West Coast distillate fuel inventories fell by 300,000 bbl to 11.6 million
bbl week over week and were flat compared with the same week last year.
Distillate imports averaged 3,000 bpd in the reference week, compared with
17,000 bpd the prior week and 6,000 bpd during the same period last year.
Jet fuel inventories declined by 800,000 bbl to 11.3 million bbl last week,
though they remained 100,000 bbl higher than the same week last year. Jet fuel
imports were reported at zero in the week ended December 26, compared with
170,000 bpd a week earlier.
Crude oil inventories in PADD 5 climbed by 200,000 bbl to 47.5 million bbl
in the profiled week but remained 2.8 million bbl below the same period last
year, EIA data showed.
Gasoline prices in PADD 5 declined by 3.7cts from the previous week,
maintaining the region's position as the most expensive fuel market in the
nation. West Coast gasoline averaged 92.0cts above the national average of
$2.811 gallon, according to EIA data released Tuesday (12/30).
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