Production and Supply for
Nebraska and Region



Production
As of May 16, 2003


Refineries in the nation are operating at 96.0% capacity.

Gasoline:   Midwest production is 1,988 thousand barrels per day--a decrease of 8.1% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest production is 686 thousand barrels per day--a decrease of 7.6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest production is 228 thousand barrels per day--an increase of 2.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of May 16, 2003


Gasoline:   Midwest inventory is 49.6 million barrels--2.5% percent higher than last week's inventory and 3.6% higher than last month's level.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of May 16, the national stock level is 208.4 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory is 20.9 million barrels--1.9% lower than last week's inventory but 4.0% higher than last month's level.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory is 8.7 million barrels--6.1% higher than last week although inventory levels remain below the normal range.  As of May 16, the national inventory level is 28.9 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 496 billion cubic feet--13.2% more than last week but 288 billion cubic feet or 36.7% below the normal range.  As of May 16, the national inventory level is 990 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 trillion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)



Additional Information:

* * *  Motor Fuel Prices  * * *
Daily State Prices


Daily Metro Prices


Weekly Prices
Monthly Prices
Diesel Fuel Motor Gasoline
Nebraska Nebraska
Columbus Columbus
Grand Island Grand Island
Kearney Kearney
Lincoln Lincoln
Norfolk Norfolk
North Platte North Platte
Omaha Omaha
* * *  Propane Prices  * * *

This report was updated on May 23, 2003.

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