EIA: PADD 2 Gasoline Hits New 2026 Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- Midwest (PADD 2) gasoline inventories declined in the 
week ended April 10, extending the recent downward trend and falling to a new 
low for 2026, while distillate and jet fuel stocks also moved lower and crude 
oil inventories declined, according to U.S. Energy Information Administration 
data released Wednesday (4/15).

   Motor gasoline inventories in PADD 2 fell by 1.5 million bbl to 54.6 million 
bbl on the week, EIA data showed and were below the 55.2 million bbl recorded 
in the corresponding week last year. The latest level is the lowest since the 
week ended January 2 of this year, when inventories stood at 53 million bbl. No 
motor gasoline imports were recorded for the week, unchanged from the prior 
week and compared with 6,000 bpd imported in the same week of the prior year.

   Distillate fuel oil inventories in the Midwest declined by 400,000 bbl on 
the week to 28.5 million bbl and were 600,000 bbl below the level reported in 
the same week of the prior year. Distillate fuel oil imports averaged 9,000 
bpd, up 5,000 bpd from the prior week and slightly below the 10,000 bpd 
imported in the comparable week of last year.

   Jet fuel inventories in PADD 2 declined by 300,000 bbl to 7.3 million bbl on 
the week and were in line with the level recorded in the same week of the prior 
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 declined by 2.2 million bbl to 112.4 million 
bbl during the reference week and were 4.8 million bbl above volumes recorded 
in the corresponding week of the prior year. Crude oil imports into the Midwest 
averaged 2.847 million bpd during the reference week, compared with 3.094 
million bpd the prior week and 2.637 million bpd reported in the same week of 
the prior year.

   Refinery utilization in the Midwest fell to 84.8% of operable capacity from 
88.6% the prior week and was slightly below the 84.9% recorded in the same week 
of the prior year, according to EIA data.




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