EIA: West Coast Gasoline Supply Hits 48Wk High
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) --- West Coast PADD 5 gasoline inventories continued higher
a third straight week through July 11 to a 48-week high, according to Energy
Information Administration data released this morning.
Gasoline stocks increased 800,000 bbl to 31.147 million bbl last week, the
highest level since the week ended Aug. 9, 2024. Still, stocks are 1.050
million bbl lower than a year ago.
EIA data show PADD 5 gasoline imports rose to 144,000 bpd from 112,000 bpd,
more than triple the 41,000 bpd brought in during the same week last year.
Regional distillate inventories declined a second week, down 358,000 bbl to
10.495 million bbl, a three-week low and about 1.0 million bbl lower than the
level held in the comparable week of 2024. Distillates imports declined to
6,000 bpd from 10,000 bpd yet were above the 2,000 bpd recorded last year.
Jet fuel supplies held flat at 11.5 million bbl, unchanged from the prior
week and from year-ago levels. Imports declined to 34,000 bpd from 79,000 bpd
last week. This compares with 55,000 bpd reported a year earlier.
Crude oil inventories fell by 700,000 bbl to 48.6 million bbl in the
respective week. Despite the weekly draw, stocks sit 1.2 million bbl higher
than the 47.4 million bbl reported in the same week of 2024.
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