EIA: PADD 5 Gasoline Stocks Rise for 2nd Week


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. West Coast gasoline inventories increased for the 
second consecutive week after recent declines, while distillate stocks also 
climbed in the week ending May 8, Energy Information Administration data showed 
Wednesday (5/13).
Motor gasoline inventories in the PADD 5 region increased by 100,000 bbl to 
28.3 million bbl during the week ended May 8, after rising the prior week, the 
EIA's Weekly Petroleum Status Report showed. Year-on-year, gasoline stocks in 
the region were 1.7 million bbl higher. PADD 5 gasoline imports fell by 131,000 
bpd to 121,000 bpd last week and were 127,000 bpd lower compared with the same 
week last year.
Distillate fuel oil inventories in the same region climbed by 100,000 bbl to 
10.2 million bbl during the week profiled but were 600,000 bbl lower than the 
volume reported in the same period last year, EIA data showed. Distillate 
imports slipped by 2,000 bpd to 8,000 bpd for the week and were 48,000 bpd 
lower than year ago levels.
Jet fuel stocks in the West Coast fell by 400,000 bbl to 10.6 million bbl and 
were unchanged from a year ago. Its imports increased by 22,000 bpd to 25,000 
bpd last week but were 106,000 bpd lower than the same week last year.
Crude oil inventories in PADD 5 dropped by 1.4 million bbl to 45.3 million bbl 
during the week ending May 1 and were 5.2 million bbl lower compared with the 
same week in 2024. Crude imports in PADD 5 grew by 653,000 bpd to 1.212 million 
bpd on the week and were 103,000 bpd higher year-on-year.
Refinery utilization in the West Coast slipped from 81.8% to 79.9% in the week 
ending May 8, according to EIA data.




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