Production and Supply for
Refineries in the nation are operating at 93% capacity.
Midwest production is 1,975 thousand barrels per day--a decrease of 0.6% (or 11,000 barrels) from last week.
Diesel: Midwest production is 584 thousand barrels per day--a decrease of 11% from last week.
Propane: Midwest production is 206 thousand barrels per day--a decrease of 3.3% from last week.
Gasoline: Midwest inventory (or PADD II) is 50 million barrels--3.9% lower than last week's inventory and 4.2% lower than last month's level. The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels. As of August 8, the national stock level is 198.1 million barrels.
Diesel: Midwest inventory is 22.3 million barrels--3.5% lower than last week's inventory and 5.9% lower than last month's level.
inventory (or PADD II) is 17.9 million barrels--4.7%
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 August 8, the national inventory level is 58.5 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 1,272 billion cubic feet--4.4% more than last week
but 113 billion cubic feet or 8.2% below the normal range. As of August 8, the
national inventory level is 2,188 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 812 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 19, 2003.