EIA: PADD 2 Gasoline Stocks Slip 700K Bbl W-o-W


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- Midwest PADD 2 crude oil, gasoline, distillate and 
jet fuel inventories declined during the week ending October 17, U.S. Energy 
Information Administration data released Wednesday (10/22) showed.

   PADD 2 gasoline stocks fell by 700,000 bbl to 45.8 million bbl in the 
profiled week, 300,000 bbl higher than the level recorded in the same week a 
year earlier. Gasoline imports decreased to 18,000 bpd from 14,000 bpd the 
prior week, though above the 4,000 bpd reported in the corresponding week last 
year.

   PADD 2 distillate inventories declined by 1.1 million bbl to 27.3 million 
bbl in the reference week, a slight decrease from the 27.6 million bbl recorded 
in the same week of the previous year. The region imported 20,000 bpd of 
distillates, up from 14,000 bpd the prior week and 4,000 bpd in the same week a 
year earlier.

   Midwest jet fuel inventories edged up by 100,000 bbl to 7.6 million bbl in 
the respective week. That was 1.2 million bbl higher than the volume reported 
in the corresponding week a year earlier. The region continued to report zero 
imports on both a weekly and year-over-year basis.

   Crude oil inventories in PADD 2 fell by 400,000 bbl to 101.6 million bbl in 
the week ending October 17, compared with 104.3 million bbl reported during the 
same week of the prior year.




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