EIA: PADD 5 Gasoline Stocks Rise for 2nd-Wk, Distillates Dip


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) U.S. West Coast gasoline stockpiles climbed for second 
straight-week, while distillates and jet fuel stocks reported a draw in the 
week ended July 17, the U.S. Energy Information Administration (EIA) reported 
on Wednesday (7/22).
Motor gasoline inventories in the PADD 5 region climbed by 300,000 bbl to 29.7 
million bbl during the week ended July 17, the EIA data showed. Year-on-year, 
gasoline stocks in the region dropped 2.6 million bbl. PADD 5 gasoline imports 
dropped by 40,000 bpd to 60,000 bpd last week and were 22,000 bpd higher 
compared with the same week a year earlier.
In contrast, jet fuel stocks inventories in the region dropped by 500,000 bbl 
to 11.6 million bbl during the profiled week, but were 800,000 bbl lower than 
the volume reported during the same period last year, EIA data showed.

   Distillate fuel oil inventories on the West Coast fell by 100,000 bbl to 
10.8 million bbl. However, they were 100,000 bbl higher than a year ago. 
Distillates imports in the same region rose 21,000 bpd to 48,000 bpd, and 
increase 30,000 bpd compared with the same week of last year.
PADD 5 imported 106,000 bpd of jet fuel imports during the reference week, an 
increase of 10,000 bpd from the prior week. On a yearly basis, jet fuel stocks 
dropped 44,000 bpd.

    Crude oil inventories in PADD 5 dropped by 1.3 million bbl to 44.8 million 
bbl during the reporting week. They were 1.9 million bbl lower than the same 
week last year. Crude imports increased by 35,000 bpd to 974,000 bpd and were 
75,000 bpd lower compared with the same week a year earlier.

   Refinery utilization on the West Coast fell to 88.7% from 91.0% the previous 
week, according to EIA data.




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