Production and Supply for
Nebraska and Region

Production
As of October 17, 2003

Refineries in the nation are operating at 92.1% capacity.

Gasoline:  Midwest production is 1,948 thousand barrels per day--a decrease of 0.3% (or 6,000 barrels) from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of October 17, 2003

Gasoline:  Midwest inventory (or PADD II) is 48.1 million barrels--0.2% (or 100,000 barrels) higher than last week's inventory but 5.7% lower than last month's level with inventory levels at the bottom of the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of October 17, the national stock level is 196 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory (or PADD II) is 19.8 million barrels--7% lower than last week's inventory and 5.3% lower than last month's level with distillate inventory levels at the bottom of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:   Midwest inventory (or PADD II) is 7.1 million barrels--1.4% higher than last week's inventory level but 5.3% lower than last month's level with distillate inventory levels at the bottom of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 22.4 million barrels--1.4% higher than last week with inventory levels at the bottom of the normal range.  As of October 17, the national inventory level is 66.3 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Natural Gas:   The East Region's inventory, of which Nebraska is a part, is 1,810 billion cubic feet--3% more than last week and only 6 billion cubic feet or 0.3% below the 5-year average.  As of October 17, the national inventory level is 3,028 billion cubic feet which meets the inventory target for November 1.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)