Production and Supply for
Nebraska and Region



Production
As of April 11, 2003


Refineries in the nation are operating at 94.7% capacity.

Gasoline:   Midwest production is 1,925 thousand barrels per day--an increase of 2.3% from last week.

Diesel:  Midwest production is 639 thousand barrels per day--an increase of 4.8% over last week.

Propane:   Midwest production is 191 thousand barrels per day--a decrease of 14% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of April 11, 2003


Gasoline:   Midwest inventory is 49.0 million barrels--2.2% percent lower than last week's inventory and 2.2% lower than last month's level.  It is psychologically important to keep national stocks at 200 million barrels.  As of April 11, the national stock level is 201.9 million barrels.

Diesel:   Midwest inventory is 19.5 million barrels--0.5% percent (or 100,000 barrels) lower than last week's inventory but 2.6% up from last month's level.

Propane:   Midwest inventory is 6.6 million barrels--11.9% higher than last week although inventory levels remain below the normal range.  As of April 11, the beginning of the injection season, the national inventory level is 21.7 million barrels.  Industry observers believe a 60-million-barrel level for national inventory is adequate prior to the start of the heating season.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Natural Gas:   The East Region's inventory, of which Nebraska is a part, is 264 billion cubic feet--11.4% less than last week and 346 billion cubic feet or 56.7% below the normal range.  As of April 11, the beginning of the injection season, the national inventory level is 623 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 2.2 to 2.3 trillion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)



This report was updated on April 18, 2003.

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