EIA: PADD 5 Gasoline Stocks Slip for Second Straight Wk


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- U.S. West Coast (PADD 5) gasoline inventories fell for 
the second consecutive week in the week ending December 19, while distillate 
and jet fuel stocks climbed and crude oil inventories edged lower, according to 
data released late Monday by the Energy Information Administration.
The EIA's weekly petroleum data publication was delayed Monday (12/29) due to 
the Christmas holiday. PADD 5 gasoline stocks fell by 100,000 bbl to 29.9 
million bbl in the reference week. Inventories stood 1.7 million bbl higher 
than the same week last year, EIA data showed. Gasoline imports into the region 
fell sharply, declining by 140,000 bpd to 68,000 bpd on the week, but remained 
above the 2,000 bpd recorded during the same period in 2024.
Distillate fuel inventories rose by 400,000 bbl to 11.9 million bbl in the 
respective week. Stocks stood 200,000 bbl lower than the same week the previous 
year. Distillate imports increased by 10,000 bpd to 17,000 bpd, exceeding both 
the 7,000 bpd reported last week and the 3,000 bpd seen a year earlier.
Crude oil inventories in PADD 5 dropped by 300,000 bbl to 47.3 million bbl in 
the reference week. Stocks remained 1.7 million bbl lower than the 49 million 
bbl recorded during the same week last year. Crude oil imports into the West 
Coast fell by 288,000 bpd to 1.071 million bpd last week and were below the 
1.197 million bpd recorded during the same period last year..
Jet fuel inventories climbed by 700,000 bbl to 12.1 million bbl in the week 
ending December 19, which is 800,000 bbl higher than the same period in 2024. 
Jet fuel imports rose by 23,000 bpd to 170,000 bpd on the week, well above both 
last week's 147,000 bpd and the 37,000 bpd reported a year ago.
On the retail side, West Coast gasoline prices fell in the week ending December 
22, tracking broader national declines. The EIA reported PADD 5 gasoline prices 
slid by 8.3cts to $3.768 gallon, standing 0.7cts lower than the same week last 
year. Prices excluding California slipped by 7.9cts to $3.422 gallon and were 
0.5cts lower than in 2024, while the national average for regular gasoline 
declined by 5.4cts to $2.841 gallon.

    

    




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