EIA: West Coast Gasoline Stocks Drop Sharply


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) -- Gasoline, distillate and jet fuel inventories shifted 
across the U.S. West Coast (PADD 5) for the week ending June 20, with gasoline 
stocks seeing a very steep decline. Crude oil levels remained unchanged, 
according to weekly data from the Energy Information Administration.

   Gasoline inventories fell by 500,000 bbl to 28.7 million bbl for the 
respective week. Imports declined as well to 145,000 bpd for the week ending 
June 20 from 169,000 bpd the week prior.

   Distillate stocks dropped by 300,000 bbl to 10.3 million bbl from 10.6 
million bbl. The region brought in 5,000 bpd of distillate, down from 19,000 
bpd the prior week.

   Jet fuel supplies climbed by 200,000 bbl to 12.0 million bbl in the week 
ending June 20. The West Coast saw no jet fuel imports for the week ending June 
20 after receiving 199,000 bpd the prior week.

   Crude oil inventories slightly declined by 100,000 bbl to 50.0 million bbl 
in the current week.

   For the week ending June 20, there was a small build in jet fuel, the 
broader refined product pool across PADD 5 moved lower, led by a notable 
pullback in gasoline stocks.




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