Production and Supply for
Nebraska and Region

Production
As of April 9, 2004

Refineries in the nation are operating at 87.7% capacity.

Gasoline:   Midwest production is 1,889 thousand barrels per day--a decrease of 3.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 512 thousand barrels per day--a decrease of 11.3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 162 thousand barrels per day--an increase of 20.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 223 thousand barrels per day--a decrease of 11.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of April 9, 2004

Gasoline:   Midwest inventory (or PADD II) is 52.6 million barrels--0.2% (or 100,000 barrels) higher than last week's inventory and 1.3% lower than last month's level with inventory levels in the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of April 9, the national stock level is 201.1 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory (or PADD II) is 18.5 million barrels--5.1% lower than last week's inventory with distillate inventory levels falling further below the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:   Midwest inventory (or PADD II) is 6.2 million barrels--unchanged from last week's inventory level but 10.1% lower than last month's level with distillate inventory levels falling further below the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest inventory (or PADD II) is 9.7 million barrels--1% lower than last week's inventory level and 3% lower than last month's level with inventory levels in the normal range.  As of April 9, the national inventory level is 27.6 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 473 billion cubic feet--0.8% (or 4 billion cubic feet) less than last week and 55 billion cubic feet or 10.4% below the 5-year average.  As of April 9, the national inventory level is 1,049 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of almost 2 trillion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)