EIA: PADD 3 Gasoline Stocks Fall 1.8M Bbl to 76.6M Bbl

MIAMI, FL (DTN) — Gasoline inventories in the U.S. Gulf Coast (PADD 3) fell in the week ending October 31, marking a second consecutive draw as refining activity eased, according to U.S. Energy Information Administration data released Wednesday (11/05).
Gasoline stocks fell by 1.8M bbl to 76.6M bbl from 78.4M bbl, standing 4.0M bbl lower than last year’s 80.6M bbl. Imports climbed to 34,000 bpd from 18,000 bpd the prior week and were up from 12,000 bpd last year.
Distillate inventories in PADD 3 held steady week-on-week at 45.7M bbl, up 2.4M bbl from last year’s 43.3M bbl. Distillate imports were 0 bpd, unchanged from both the previous week and last year.
Crude oil inventories on the Gulf Coast climbed by 3.2M bbl to 237.5M bbl from 234.3M bbl, while standing 6.2M bbl below last year’s 243.7M bbl. Crude imports rose to 906,000 bpd from 597,000 bpd, down from 1.222M bpd last year.
Jet fuel inventories climbed by 900,000 bbl to 13.6M bbl from 12.7M bbl, standing 500,000 bbl higher than last year’s 13.1M bbl. Jet fuel imports were 0 bpd, unchanged from both the previous week and last year.