EIA: PADD 3 Crude Stocks Rise for 2nd Straight Week


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) crude oil inventories 
increased for a second consecutive week during the week ended August 14, 
following the largest weekly build since January 2023 the previous week. 
Gasoline stocks also increased, while distillate fuel and jet fuel inventories 
declined, according to the U.S. Energy Information Administration's Weekly 
Petroleum Status Report released Wednesday (8/19).

   Crude oil inventories in PADD 3 increased by 8.4 million bbl to 253.6 
million bbl during the reference week, following a 14.6 million bbl build the 
previous week. Inventories were 12.7 million bbl above the 240.9 million bbl 
reported during the same week last year. Crude oil imports into the Gulf Coast 
averaged 1.583 million bpd, down from 1.879 million bpd the previous week but 
above the 944,000 bpd reported during the comparable week of 2025.

   Motor gasoline inventories in the PADD 3 region increased by 2.2 million bbl 
to 79.5 million bbl during the reference week, reversing the previous week's 
decline. Inventories remained 3.5 million bbl below the 83 million bbl reported 
during the same week last year. Gasoline imports into the Gulf Coast averaged 
72,000 bpd, up from 58,000 bpd the previous week and above the 53,000 bpd 
reported during the comparable week of 2025.

   Distillate fuel oil inventories, the feedstock for diesel, fell by 1.1 
million bbl to 39.9 million bbl during the profiled week and were 4.8 million 
bbl below the 44.7 million bbl reported during 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 fell by 300,000 bbl to 14.8 million bbl during the 
reference week but remained 1.1 million bbl above the 13.7 million bbl reported 
during the same week last year. The Gulf Coast reported no jet fuel imports 
during the reporting week.

   Refinery utilization on the Gulf Coast was unchanged at 97.9% of operable 
capacity, while crude oil inputs into refineries averaged 9.619 million bpd, up 
from 9.588 million bpd the week before, EIA data showed.




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