PADD 2 Gasoline Stocks Near 6-Month Low


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- Midwest (PADD 2) gasoline inventories fell for the 
fourth consecutive week, falling to their lowest level since late-November, 
while distillate, jet fuel and crude oil stocks all moved lower too, according 
to data released by the U.S. Energy Information Administration (EIA) published 
Wednesday (5/6).

   Motor gasoline inventories in PADD 2 fell by 600,000 bbl to 45.6 million bbl 
during the week ended May 8, the EIA data showed. This was below the 48.4 
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 were zero, versus 1,000 bpd the prior week but 
below the 3,000 bpd imported in the comparable week of the prior year.

   Distillate fuel oil inventories in PADD 2 dropped by 700,000 bbl on the week 
to 24.2 million bbl while remaining above the 23.8 million bbl reported in the 
same week of the previous year. Distillate fuel oil imports averaged 4,000 bpd, 
down from 12,000 bpd the prior week and the 14,000 bpd imported a year earlier.

   Jet fuel inventories in the Midwest dipped by 200,000 bbl to 7 million bbl 
and were above the 7.1 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 90,000 bbl to 111.2 million bbl 
during the reference week but remained above the 107.3 million bbl recorded in 
the same week of the previous year. Crude oil imports into the Midwest averaged 
2.88 million bpd during the reference week, compared with 2.78 million bpd the 
prior week and 2.92 million bpd reported in the same week of the prior year.

   Refinery utilization in the Midwest rose to 88.8% of operable capacity from 
86% the prior week, although that was lower than the 91.8% utilization rate 
reported for the same week of the prior year.

    




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