EIA: PADD 5 Gasoline Stocks See Third Weekly Decline
2/25 10:46 AM
EIA: PADD 5 Gasoline Stocks See Third Weekly Decline
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) -- West Coast (PADD 5) gasoline inventories fell for a third
consecutive week, while distillate stocks climbed and jet fuel inventories fell
in the week ending February 20, according to data released by the U.S. Energy
Information Administration on Wednesday (2/25).
Motor gasoline stocks in PADD 5 fell by 500,000 bbl to 29.8 million bbl in the
reference week and were above 29.4 million bbl seen in the same week last year.
Gasoline imports climbed by 45,000 bpd to 168,000 bpd , but they were lower
than 132,000 bpd imported in the same week last year.
Distillate fuel inventories climbed by 900,000 bbl to 12.4 million bbl
week-over-week, above 11.6 million bbl in the same week last year. Distillate
imports fell by 11,000 bpd to 6,000 bpd, still higher than the 5,000 bpd
reported in the previous year.
Jet fuel inventories in PADD 5 fell by 500,000 bbl to 11.2 million bbl in the
week ending February 20 and were lower than 11.6 million bbl in the same week
last year. Jet fuel imports fell by 38,000 bpd to 105,000 bpd on the week,
above 68,000 bpd in the same week last year.
Crude oil inventories in the West Coast region climbed by 300,000 bbl to 48
million bbl in the respective week and were slightly up from 48.1 million bbl
recorded in the same week last year. Crude oil imports fell by 287,000 bpd to
774,000 bpd, below the 1.046 million bpd reported the same week last year.
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