EIA: PADD 5 Stocks Gasoline Eases From 5-Mo High

MIAMI, FL (DTN) — U.S. West Coast (PADD 5) gasoline inventories edged lower, while crude oil stocks climbed and distillate and jet fuel inventories were mostly steady in the week ending January 16, data from the U.S. Department of Energy showed Thursday (1/22).
Gasoline inventories in PADD 5 fell by 100,000 bbl to 31.5 million bbl in the respective week. Despite the slight draw, inventories remained near a five-month high, with stocks at 8.8 million bbl, a level last seen in the week ending March 14, 2025, EIA data showed. Gasoline inventories were 1.4 million bbl above last year. Gasoline imports fell by 26,000 bpd to 20,000 bpd in the reference week.
Distillate fuel oil inventories in the region fell by 100,000 bbl to 11.9 million bbl in the reference week and were 200,000 bbl above last year. Distillate imports climbed by 11,000 bpd to 23,000 bpd.

Crude oil inventories in PADD 5 climbed by 1.4 million bbl to 47.9 million bbl in the week ending January 16 but were 700,000 bbl below last year. Crude oil imports fell by 190,000 bpd to 1.105 million bpd, EIA data showed.
Jet fuel inventories on the West Coast were unchanged at 11.2 million bbl in the reference week and stood 1 million bbl below last year. Its imports fell by 77,000 bpd to 102,000 bpd in the week ending January 16.
On the West Coast, gasoline prices climbed by 0.8ct to $3.657 during the week ending January 19, although they fell 21.4cts on the year, according to EIA data released Wednesday (1/21). The national average for retail regular gasoline, meanwhile, jumped 2.7cts to $2.806 gallon, snapping an eight-week streak of declines.