EIA: PADD 5 Gasoline Stocks Fall 700Kb to 29.6M Bbl

MIAMI, FL (DTN) –West Coast PADD 5 gasoline inventories declined for a second consecutive week through October 3, while distillate, crude oil, and jet fuel stocks also reported a draw, according to U.S. Energy Information Administration data released Wednesday (10/8).
Gasoline inventories fell by 700,000 bbl to 29.6 million bbl in the week ending October 3, and were 2.8 million bbl higher than the 26.8 million bbl reported in the same week of last year. Imports in the same regiion climbed by 30,000 bpd to 123,000 bpd d and were above 8,000 bpd imported year-over- year.
Distillate inventories declined by 400,000 bbl to 12.5 million bbl in the reference week, but were 1.8 million bpd above the 10.7 million bbl recorded in the same period of the prior year.  Imports rose by 35,000 bpd to 58,000  bpd,  significantly higher than 4,000 bpd  reported in the same week last year. Crude oil inventories dropped by 800,000 bbl to 46 million bbl in the week ending October 3. Supplies were marginally lower than the 46.7 million bbl held in the same week of prior year.
Jet fuel inventories edged down by 400,000 bbl to 12 million bbl in the reference week but were 1.8 million bbl higher than the 10.2 million bbl reported year-on-year. Imports increased week-over-week by 46,000 bpd to 87,000 bpd, also higher than 47,000 bpd reported year-over-year.