Production and Supply for
Refineries in the nation are operating at 91.9% capacity.
Gasoline: Midwest production is 1,986 thousand barrels per day--a decrease of 5% from last week.
Diesel: Midwest production is 657 thousand barrels per day--an increase of 1.6% from last week.
Propane: Midwest production is 213 thousand barrels per day--a decrease of 0.9% (or 2 thousand barrels) from last week.
Gasoline: Midwest inventory (or PADD II) is 52 million barrels--2.4% lower than last week's inventory and 0.4% (or 200,000 barrels) lower than last month's level. The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels. As of August 1, the national stock level is 201.8 million barrels.
Diesel: Midwest inventory is 23.1 million barrels--2.9% lower than last week's inventory and 4.1% higher than last month's level.
(or PADD II) is 17.1 million barrels--no change
from 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 August 1, the national inventory level is 56.2 million barrels. Industry observers believe a 60-million-barrel level for national inventory is adequate prior to the start of the
The East Region's inventory, of which Nebraska is a part, is 1,218 billion cubic feet--5% more than last week
but 126 billion cubic feet or 9.4% below the normal range. As of August 1, the
national inventory level is 2,106 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 894 billion cubic feet between now and the end of October.
|* * * Motor Fuel Prices * * *|
|Daily State Prices
Daily Metro Prices
|Diesel Fuel||Motor Gasoline|
|Grand Island||Grand Island|
|North Platte||North Platte|
|* * * Propane Prices * * *|
This report was updated on August 8, 2003.