Production and Supply for
Nebraska and Region

Production
As of April 25, 2003

Refineries in the nation are operating at 94.3% capacity.

Gasoline:   Midwest production is 2,064 thousand barrels per day--an increase of 8.4% over last week.

Diesel:  Midwest production is 656 thousand barrels per day--an increase of 0.5% (or 3 thousand barrels) over last week.

Propane:   Midwest production is 214 thousand barrels per day--an increase of 7.0% over last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of April 25, 2003

Gasoline:   Midwest inventory is 48.5 million barrels--1.3% percent higher than last week's inventory and 0.8% lower than last month's level.  It is psychologically important to keep national stocks at 200 million barrels.  As of April 25, the national stock level is 205.6 million barrels.

Diesel:   Midwest inventory is 20.4 million barrels--1.5% percent higher than last week's inventory and 6.3% up from last month's level.

Propane:   Midwest inventory is 6.4 million barrels--5.9% lower than last week with inventory levels remaining below the normal range.  As of April 25, the national inventory level is 21.9 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 333 billion cubic feet--11.7% more than last week and 320 billion cubic feet or 49% below the normal range.  As of April 25, the national inventory level is 741 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of approximately 2.3 trillion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)