EIA: PADD 1 Gasoline Inventory Rises 600K bbl
MIAMI, FL (DTN) — East Coast PADD 1 gasoline inventories rebounded in the week ending September 9, climbing for a third straight week. Crude oil, distillate, and jet fuel inventories also increased across the region, the U.S. Energy Information Administration reported on Wednesday (9/10).
PADD 1 gasoline inventories rose week-over-week by 600,000 bbl to 81.9 million bbl in the week ended September 9, and they were 3.3 million bbl above the 78.6 million bbl reported in the same period of last year. Gasoline imports in the region climbed by 21,000 bpd to 67,000 bpd, compared with 34,000 bpd in the corresponding week of last year.
East Coast distillate inventories rose by 200,000 bbl to 44.2 million bbl in the profiled week. This was 2.7 million bbl above the 41.5 million bbl reported during the same period of the previous year. No distillate imports were recorded for the week, consistent with the prior week and this time last year.
PADD 1 crude oil inventories climbed by 5.5 million bbl to 244.9 million bbl from 239.4 million bbl. That was 5.9 million bbl above the 239.0 million bbl reported in the same week of last year. Crude imports fell by 812,000 bpd to 779,000 bpd the prior week and were down from 1.385 million bpd year-over-year.
Jet fuel inventories in the region rose by 300,000 bbl to 13.2 million bbl, but were 1.6 million bbl lower than the 14.8 million bbl reported in the same week of last year. The region continued recording zero jet fuel imports, matching levels from the prior week and this time last year.
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