According to the EIA's Weekly Petroleum Status Report (WPSR) released this morning, U.S. crude imports came roaring back for the week ended March 13. Volumes soared to 7.2 MMb/d, sitting 700 Mb/d above the 2026 year-to-date (YTD) average and marking the strongest week since November 2024. This increase was heavily concentrated along the Gulf Coast (PADD 3), where imports doubled week-over-week to 2.4 MMb/d, the highest volume for the region since mid-2020.
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How’s It Going to Be – How a Prolonged Conflict with Iran Could Disrupt U.S. Gasoline, Jet and Diesel Markets
The U.S. is seeing softer domestic demand for traditional fuels, but pockets of the country remain highly dependent on imported gasoline, jet fuel and diesel. Today, we’ll zero in on which PADDs are at the highest risk for shortages and price spikes if the Iran war drags on for an extended period.
How Am I Supposed to Live Without You – U.S. Refiners Using Persian Gulf Crude Seek Alternatives
U.S. refineries are, of course, far less dependent on crude oil from the Middle East than they were before the Shale Revolution. But the cutoff in oil supplies from the Persian Gulf is forcing several U.S. refiners to look elsewhere for the mostly medium-sour crude they had been sourcing from the region.
U.S. Crude Oil Imports Plummet to 2021 Levels
According to the EIA’s Weekly Petroleum Status Report (WPSR) released today, oil imports into the U.S. plummeted for the week ending December 26 to under 5 MMb/d. This decline of more than 1.1 MMb/d reduced imports to their lowest level since February of 2021.