PADD 2 Gasoline Stocks Hit 4-Month Low


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- Midwest (PADD 2) gasoline inventories declined for the 
third consecutive week, falling to their lowest level since mid-December, while 
distillate and crude oil inventories also moved lower, according to data 
released by the U.S. Energy Information Administration (EIA) published 
Wednesday (5/6). Midwest jet fuel inventories rose slightly as refinery 
utilization decreased during the reference week ended May 1.

   Motor gasoline inventories in PADD 2 fell by 3.4 million bbl to 46.2 million 
bbl, the EIA data showed. This was below the 49.9 million bbl recorded in the 
same week last year and the lowest since the week ended Nov. 28, 2025, when 
inventories stood at 44.9 million bbl. Total motor gasoline imports averaged 
1,000 bpd, the same as the prior week but below the 4,000 bpd imported in the 
comparable week of the prior year.

   Distillate fuel oil inventories in PADD 2 dropped by 1.0 milllion bbl on the 
week to 24.9 million bbl and but slightly above the 24.7 million bbl reported 
in the same week of the previous year. Distillate fuel oil imports averaged 
12,000 bpd, up from 6,000 bpd the prior week and above the 8,000 bpd imported a 
year earlier.

   Jet fuel inventories in the Midwest increased by 100,000 bbl to 7.2 million 
bbl and were above the 6.7 million bbl recorded in the same week last year. 
During the profiled week, PADD 2 jet fuel imports remained at zero bpd, 
unchanged week-over-week and year-over-year.

   Crude oil inventories in PADD 2 decreased by 2.3 million bbl to 112.1 
million bbl during the reference week but remained above the 108.3 million bbl 
recorded in the same week of the previous year. Crude oil imports into the 
Midwest averaged 2.784 million bpd during the reference week, compared with 
2.974 million bpd the prior week and 3.031 million bpd reported in the same 
week of the prior year.

   Refinery utilization in the Midwest rose to 86% of operable capacity from 
84.9% the prior week. This was also lower than the 88.8% utilization rate 
reported for the same week of the prior year, according to EIA data.




(c) Copyright 2026 DTN, LLC. All rights reserved.