EIA: PADD 5 Gasoline Stocks Climb for 3rd Wk, Jet Fuel Dips


   
Maria Eugenia Garcia
DTN Energy Editor

   HOUSTON, TX (DTN) - U.S. West Coast gasoline stockpiles rose for a third 
consecutive week, alongside a build on distillates and a draw on jet fuel 
stocks during the week ended July 24, according to U.S. Energy Information 
Administration (EIA) data reported on Wednesday (7/29).

   Motor gasoline inventories in the PADD 5 region climbed by 100,000 bbl to 
28.7 million bbl during the week ended July 24, the EIA data showed. 
Year-on-year, gasoline stocks declined for a second straight week by 2.2 
million bbl. PADD 5 gasoline imports continued their declining trend, dropping 
by 39,000 bpd to 99,000 bpd last week and were 77,000 bpd lower compared with 
the same week a year earlier.

   PADD 5 distillate fuel stockpiles rose by 500,000 bbl to 11.3 million bbl. 
They also remained unchanged from the volume reported a year ago. Distillate 
imports in the same region declined by 35,000 bpd to 13,000 bpd and dropped 
30,000 bpd compared with the same week last year.

   In contrast, jet fuel stocks in the same region declined for a second 
straight week by 100,000 bbl to 11.5 million bbl and were flat compared to the 
same period last year. Jet fuel imports in PADD 5 plummeted by 70,000 bpd to 
36,000 bpd last week. Year-over-year, jet fuel imports fell 9,000 bpd.

   Crude oil inventories in PADD 5 rose 200,000 bbl to 45 million bbl during 
the profiled week. They were 2.9 million bbl below the volume reported for the 
same week last year. Crude imports increased for a second straight week by 
53,000 bpd to 1.03 million bpd and were 379,000 bpd below the same week a year 
earlier.




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