EIA: PADD 2 Gasoline Stocks Hit 7-Week Highs


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- Midwest gasoline stocks hit seven-week highs as fuel 
inventories in the region rose across the board last week, while crude oil 
balances fell, the Energy Information Administration (EIA) reported Wednesday 
(9/16).

   Motor gasoline inventories in the PADD 2 region rose by 900,000 bbl during 
the week ended September 11 to stand at 44.1 million bbl, according to the 
EIA's Weekly Petroleum Status Report. That was the highest for Midwest gasoline 
stocks since the week ended July 24, when they stood at 44.33 million bbl.

   Year-on-year, regional gasoline stocks were lower by 2.0 million bbl 
compared to the 46.1 million bbl seen in the corresponding week of 2025.

   Weekly imports of gasoline into the Midwest surged by 17,000 bpd on the week 
to average 18,000 bpd during the current reporting period. This inbound volume 
was up by 5,000 bpd from the year-ago level of 13,000 bpd recorded during the 
same week last year.

   PADD 2 distillate fuel oil inventories increased by 300,000 bbl on the week 
to 28.8 million bbl, reversing the prior week's draw. The latest weekly build 
placed regional inventories of the product 1.8 million bbl lower than the 30.6 
million bbl logged during the corresponding week last year.

   Distillate imports into the Midwest averaged 2,000 bpd, down 1,000 bpd on 
the week and down by 5,000 bpd from the year-ago volume of 7,000 bpd.

   Jet fuel stocks rose by 300,000 bbl from the prior week to 28.8 million bbl, 
though remaining 1.8 million bbl below the previous year's level of 30.6 
million bbl. Weekly jet fuel imports remained flat at zero bpd, matching both 
week-ago and year-ago levels.

   Crude oil inventories decreased by 400,000 bbl on the week to 99.7 million 
bbl, which is 3.3 million bbl lower than last year's level of 103.0 million bbl.

   PADD 2 crude imports increased by 362,000 bpd on the week to average 
3,032,000 bpd, according to latest EIA data. This inbound crude oil volume was 
372,000 bpd higher than the 2,660,000 bpd reported by the agency during the 
corresponding week last year.

   Refiner use of crude in the Midwest fell to 4.241 million bpd last week, 
versus 4.349 million the week prior and 3.957 million a year ago. The regional 
utilization rate slipped to 99.0% versus the prior week's 101.6% but remained 
well above the year-ago level of 93.1%.

    




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