Production and Supply for
Nebraska and Region

Production
As of October 31, 2003

Refineries in the nation are operating at 93.7% capacity.

Gasoline:   Midwest production is 2,058 thousand barrels per day--an increase of 2.8% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of October 31, 2003

Gasoline:   Midwest inventory (or PADD II) is 47.9 million barrels--0.6% (or 300,000 barrels) lower than last week's inventory and 2.8% 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 31, the national stock level is 191.3 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory (or PADD II) is 20 million barrels--1% lower than last week's inventory and 4.3% lower than last month's level with distillate inventory levels in the center of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:   Midwest inventory (or PADD II) is 7.9 million barrels--10% higher than last week's inventory level and 13% higher than last month's level with distillate inventory levels in the center of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 23.7 million barrels--2.6% higher than last week with inventory levels approaching the center of the normal range.  As of October 31, the national inventory level is 66.8 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Natural Gas:   The East Region's inventory, of which Nebraska is a part, is 1,871 billion cubic feet--1.3% more than last week and 20 billion cubic feet or 1.1% above the 5-year average.  As of October 31, the national inventory level is 3,155 billion cubic feet which meets the inventory target for November 1.  Three (3) trillion cubic feet is generally considered to be adequate for winter demand.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)