EIA: PADD 3 Gasoline, Distillate Stocks Rise Again


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) gasoline inventories 
increased for a second consecutive week during the week ended July 31, while 
distillate fuel stocks posted a third straight weekly build. Jet fuel 
inventories also increased and crude oil inventories declined, according to the 
U.S. Energy Information Administration's Weekly Petroleum Status Report 
released Wednesday.

   Motor gasoline inventories in the PADD 3 region increased by 300,000 bbl to 
78.5 million bbl during the reference week, marking a second consecutive weekly 
increase after falling to an eight-year low earlier in July. Despite the build, 
inventories remained below the same week last year. Gasoline imports into the 
Gulf Coast averaged 59,000 bpd, down from 92,000 bpd the previous week but 
above zero reported during the comparable week of 2025.

   Distillate fuel oil inventories, the feedstock for diesel, increased for a 
third consecutive week, rising by 1.2 million bbl to 44.3 million bbl during 
the profiled week. Despite the latest build, inventories remained below the 
same week last year. As a net exporter of distillate fuel, PADD 3 reported no 
distillate imports during the reporting week.

   Jet fuel inventories increased by 300,000 bbl to 16.3 million bbl during the 
reference week and remained above the same week last year. The Gulf Coast 
reported no jet fuel imports during the reporting week.

   Crude oil inventories in PADD 3 declined by 2.5 million bbl to 237.3 million 
bbl during the reference week. Inventories remained above the same week last 
year. Crude oil imports into the Gulf Coast averaged 1.081 million bpd, down 
from 1.138 million bpd the previous week but above the 1.042 million bpd 
reported during the comparable week last year.

   Refinery utilization on the Gulf Coast declined to 96.1% of operable 
capacity from 96.7% the previous week, while crude oil inputs into refineries 
averaged 9.283 million bpd, down from 9.379 million bpd the week before, EIA 
data showed.

    




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