EIA: PADD 5 Gasoline Stockpiles Rise by 400K Bbl on Week
12/03 12:31 PM
EIA: PADD 5 Gasoline Stockpiles Rise by 400K Bbl on Week
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) -- U.S. West Coast (PADD 5) refined product inventories were
mostly higher during the week ending November 28, according to U.S. Energy
Information Administration data released Wednesday (12/03).
Gasoline stocks in PADD 5 climbed by 400,000 bbl to 27.7 million bbl in the
reference week, which is 1.4 million bbl lower than the 26.3 million bbl
inventory reported in the same week of last year. Gasoline imports in the
region declined by 27,000 bpd to 243,000 bpd, above the 31,000 bpd recorded the
previous year.
PADD 5 distillate inventories rose by 300,000 bbl to 11.5 million bbl in the
reference week, below 11.8 million bbl reported in the same week of last year.
Distillate imports fell by 18,000 bpd to 5,000 bpd week-over-week, 9,000 bpd
lower year-over-year.
Crude oil stocks in PADD 5 fell by 600,000 bbl to 46.5 million bbl in the week
ending November 28, below the 47.7 million bbl in the same period the previous
year. Crude oil imports in the same region fell by 175,000 bpd to 1.049 million
bpd during the week ending November 28. On a yearly basis, imports dropped
788,000 bpd, EIA data showed.
Jet fuel inventories in PADD 5 were unchanged at 11.2 million bbl in the
profiled week, above the 10.4 million bbl reported last year. Jet fuel imports
climbed by 18,000 bpd to 129 bpd, compared with 45,000 bpd last year.
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