EIA: PADD 2 Gasoline Off Record Low; Distillates, Jet Flat


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) - Midwest gasoline inventories rebounded from all-time 
record lows during the week ended November 6, while distillate and jet fuel 
stockpiles remained steady, the Energy Information Administration (EIA) 
reported Wednesday (11/11). 

   Crude oil stocks built in the PADD 2 region as refinery runs and capacity 
utilization climbed for a second consecutive week, the EIA's Weekly Petroleum 
Status Report showed. 

   Midwest otor gasoline inventories surged by 1.9 million bbl during the week 
ended November 6 to stand at 42.9 million bbl, recovering from the prior week's 
all-time low of 41 million bbl. Year-on-year, regional gasoline inventories 
remained 700,000 bbl below the 43.6 million bbl logged during the corresponding 
week of 2025. 

   Gasoline imports into the region edged down by 3,000 bpd on the week to 
average 17,000 bpd, standing 6,000 bpd lower than the 23,000 bpd recorded 
during the equivalent week last year. 

   Distillate stocks in the Midwest rose by 100,000 bbl during the referenced 
week to reach 22.9 million bbl, lifting off the prior week's nearly 12-year low 
of 22.8 million bbl. Year-on-year, PADD 2 distillate stockpiles stood 700,000 
bbl below the 23.6 million bbl reported during the same week of 2025. 

   Distillate imports into the Midwest jumped by 16,000 bpd on the week to 
average 22,000 bpd, up 10,000 bpd from the year-ago volume of 12,000 bpd. 

   Jet fuel inventories held steady from the prior week at 6.8 million bbl, 
standing 500,000 bbl below the year-ago level of 7.3 million bbl. Weekly jet 
fuel imports remained at zero bpd, matching both week-ago and year-ago levels. 

   Crude oil inventories in the Midwest rose by 400,000 bbl on the week to 
108.2 million bbl, standing 4.3 million bbl above the year-ago level of 103.9 
million bbl. 

   Crude imports into PADD 2 decreased by 138,000 bpd last week to average 
2.894 million bpd, though remaining up 120,000 bpd from the 2.774 million bpd 
imported a year earlier. 

   Refiner crude inputs increased by 244,000 bpd to 4.140 million bpd on the 
week, compared to 3.896 million bpd the prior week, remaining well above the 
3.755 million bpd processed in the same week last year. 

   The regional refinery utilization rate advanced 4.0 percentage points to 
96.9% from 92.9% the prior week, comfortably exceeding the year-ago rate of 
88.6%.




(c) Copyright 2026 DTN, LLC. All rights reserved.