EIA: PADD 1 Gasoline Stocks Fall to New 2026 Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast (PADD 1) gasoline inventories declined in 
the week ended April 17, falling to the lowest level of 2026, while jet fuel 
stocks increased and distillate inventories edged higher, according to data 
released by the U.S. Energy Information Administration on Wednesday (4/22).

   Motor gasoline stocks in PADD 1 fell by 400,000 bbl to 57.3 million bbl in 
the week ended April 17, reaching a new low for 2026 and below the 58 million 
bbl reported in the same week last year, EIA data showed. The latest level is 
the lowest since the week ended January 2, 2026, when inventories stood at 56.2 
million bbl. Gasoline imports into the East Coast averaged 332,000 bpd, up by 
257,000 bpd week-over-week but below the 529,000 bpd imported in the comparable 
week of 2025.  

   Jet fuel inventories in PADD 1 increased by 300,000 bbl to 10.1 million bbl 
in the reference week and were above the 9.2 million bbl recorded in the same 
period last year. Imports of the product into the region averaged 1,000 bpd, 
down from 27,000 bpd the prior week and well below the 210,000 bpd imported a 
year earlier.  

   Distillate fuel oil inventories in PADD 1 rose by 100,000 bbl to 27.0 
million bbl in the respective week and were above the 23.7 million bbl recorded 
in the same period last year. Distillate fuel oil imports averaged 159,000 bpd, 
up by 61,000 bpd from the prior week and above the 78,000 bpd imported in the 
same week last year.  

   Crude oil inventories on the East Coast surged by 200,000 bbl to 7.9 million 
bbl week-over-week and were below the 8.5 million bbl reported in the same week 
of 2025. Crude oil imports rose by 252,000 bpd to 643,000 bpd and were slightly 
below the 650,000 bpd recorded in the comparable week last year.  

   Refinery utilization on the East Coast declined to 84.7% from 90.3% the 
previous week, with crude oil inputs falling by 72,000 bpd to 763,000 bpd, EIA 
data showed.




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