EIA: PADD 1 Gasoline Stocks Hit New 2026 Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast (PADD 1) gasoline inventories fell for a 
third consecutive week in the week ended April 3, reaching a new low for 2026, 
while jet fuel stocks declined for a third straight week, according to data 
released by the U.S. Energy Information Administration on Wednesday (4/8).

   Motor gasoline stocks in PADD 1 fell by 1.8 million bbl to 57.7 million bbl 
after declining 2.7 million bbl in the previous week, and were below the 59.9 
million bbl reported in the same week last year. The latest level for East 
Coast gasoline is the lowest since the week ended January 2, 2026, when 
inventories stood at 56.2 million bbl, EIA data showed.

   Gasoline imports in PADD 1 averaged 183,000 bpd, up by 84,000 bpd 
week-over-week, but below the 394,000 bpd imported in the comparable week of 
2025.

   Jet fuel inventories in PADD 1 decreased by 400,000 bbl to 9.5 million bbl 
in the week ending April 3 and were in line with the 9.5 million bbl recorded 
in the same period last year. Imports of the product into the region averaged 
17,000 bpd, down from 41,000 bpd the prior week and below the 30,000 bpd 
imported a year earlier.

   Distillate fuel oil inventories in PADD 1 increased by 200,000 bbl to 28.3 
million bbl in the week ending April 3 and were above the 26.1 million bbl 
recorded in the same period a year earlier. Distillate fuel oil imports 
averaged 107,000 bpd, up 2,000 bpd from the prior week and above the 61,000 bpd 
imported in the same week last year.

   Refinery utilization on the East Coast slipped to 91.1% from 91.2% the 
previous week, with crude oil inputs declining by 9,000 bpd to 820,000 bpd, EIA 
data showed.

   Crude oil inventories on the East Coast increased by 200,000 bbl to 8.3 
million bbl week-over-week and were in line with the 8.3 million bbl reported 
in the same week of 2025. Crude oil imports fell by 125,000 bpd to 536,000 bpd 
and were slightly above the 530,000 bpd recorded in the comparable week last 
year.

    




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