EIA: PADD 1 Gasoline Stocks Highest Since February 2025
2/04 11:08 AM
EIA: PADD 1 Gasoline Stocks Highest Since February 2025 Karim Bastati DTN Analyst DAVENPORT, FL (DTN) -- East Coast (PADD 1) gasoline inventories climbed to their highest level in nearly a year last week, while distillate stocks declined and jet fuel inventories increased as crude oil balances edged lower during the week ended January 30, according to U.S. Energy Information Administration data released Wednesday (2/4). Motor gasoline inventories in PADD 1 rose by 2.5 million bbl to 66.9 million bbl during the reference week. The increase pushed gasoline stocks to their highest levels since the week ended February 21, 2025, when inventories stood at 67 million bbl, EIA data showed. Gasoline inventories for the week in review were also 1.4 million bbl above the 65.5 million bbl reported in the corresponding week of the prior year. Distillate fuel oil inventories on the East Coast fell by 3.2 million bbl to 31.3 million bbl on the week. Despite the draw, stocks remained 1.4 million bbl above the 29.9 million bbl reported in the same week of the prior year. In contrast, jet fuel inventories in PADD 1 increased by 1.1 million bbl to 9.7 million bbl last week. Jet fuel stocks were down 800,000 bbl on the year, keeping annual balances tighter despite the weekly build. Crude oil inventories in PADD 1 edged lower by 100,000 bbl to 7.2 million bbl during the profiled week and were 1.3 million bbl lower than volumes recorded in the same week of the prior year. On the import side, crude oil imports into the East Coast increased by 4,000 bpd to 553,000 bpd during the reference week and were below 217,000 bpd below levels reported for the corresponding week of the prior year. Motor gasoline imports declined by 54,000 bpd to 263,000 bpd and were 267,000 bpd below imports volumes recorded in the same week of the prior year. Distillate fuel oil imports increased by 14,000 bpd to 262,000 bpd and were 41,000 bpd above levels reported in the corresponding week of the prior year. The East Coast reported zero jet fuel imports, unchanged on the week and below the 13,000 bpd recorded in the same week of the prior year, EIA data showed. Retail gasoline prices on the East Coast increased by 2.1cts to $2.822 gallon in the week ended February 2, while remaining 19.7cts below levels seen during the same period of the prior year, EIA data released Monday showed. East Coast diesel prices also climbed, averaging $3.763 gallon, up 6.9cts on the week, though still 1.5cts below prices from the corresponding period of the prior year. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
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