EIA: PADD 5 Gasoline Stocks Slip for Second Straight Week


   
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 (12/29) by the Energy Information Administration.

   The EIA's weekly petroleum data publication was delayed by 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 
week-on-week. Stocks stood 200,000 bbl lower than the same week of the previous 
year. Distillate imports increased by 10,000 bpd on the week to 17,000 bpd, and 
was also well above 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 on the week to 1.071 million bpd.

   Jet fuel inventories climbed by 700,000 bbl to 12.1 million bbl in the week 
ending December 19, while remaining 800,000 bbl above last year's level. Jet 
fuel imports rose by 23,000 bpd to 170,000 bpd on the week, and remained well 
above 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 a year ago, while the national average for 
regular gasoline declined by 5.4cts to $2.841 gallon.




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