EIA: PADD 3 Distillate Stocks Rise, Remain Near 3-Year Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) distillate fuel oil 
inventories increased during the week ended May 1 but remained near the lowest 
level in more than three years, while gasoline inventories rose, jet fuel 
balances declined, and crude oil stocks moved lower, according to data released 
Wednesday (5/6) by the U.S. Energy Information Administration.

   PADD 3 distillate fuel oil inventories, the feedstock for diesel, increased 
by 1.3 million bbl to 39.3 million bbl in the profiled week and were below the 
42.7 million bbl recorded in the same week last year. Despite the increase, 
inventories remained near the three-year low reached the previous week, when 
stocks fell to 38 million bbl, the lowest level since the week ended March 17, 
2023.

   Jet fuel inventories in PADD 3 declined by 600,000 bbl to 14.2 million bbl 
during the reference week but remained above the 13.2 million bbl reported in 
the comparable week last year. As a net exporter of distillate and jet fuel, 
PADD 3 does not report imports of those products.

   Motor gasoline inventories in PADD 3 increased by 200,000 bbl to 81.1 
million bbl and were below the 82.1 million bbl reported in the same week last 
year. Motor gasoline imports into the Gulf Coast averaged 86,000 bpd last week, 
up by 86,000 bpd from the prior week and above the 47,000 bpd imported during 
the same week last year.

   Crude oil stocks in PADD 3 declined by 2 million bbl week-over-week to 264.1 
million bbl and were above the 249.4 million bbl recorded in the same week of 
2025.

   Crude imports into the Gulf Coast fell by 82,000 bpd to 1.183 million bpd 
and were above the 1.019 million bpd recorded in the comparable week last year.

   Refinery utilization on the Gulf Coast increased to 95.9% from 95.8% the 
previous week, while crude oil inputs declined by 85,000 bpd to 9.277 million 
bpd, EIA data showed.

    




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