Production and Supply for
Nebraska and Region



Production
As of July 4, 2003


Refineries in the nation are operating at 94.6% capacity.

Gasoline:   Midwest production is 1,996 thousand barrels per day--a decrease of 5.6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest production is 730 thousand barrels per day--a decrease of 0.5% (or 4 thousand barrels) from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest production is 217 thousand barrels per day--an increase of 2.4% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of July 4, 2003


Gasoline:   Midwest inventory is 52.2 million barrels--the same as last week and 0.2% higher than last month's level.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of July 4, the national stock level is 205.5 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory is 22.2 million barrels--2.2% lower than last week's inventory and 6.2% higher than last month's level.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest inventory is 14.5 million barrels--8.2% higher than last week with inventory levels remaining below the normal range.  The Energy Information Administration estimates 25 million barrels in storage by the end of September to be a benchmark for the Midwest.  As of July 4, the national inventory level is 46.8 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 976 billion cubic feet--7.6% more than last week but 183 billion cubic feet or 15.8% below the normal range.  As of July 4, the national inventory level is 1,773 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 1.2 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 July 11, 2003.

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