Production and Supply for
Nebraska and Region



Production
As of September 17, 2004


Refineries in the nation are operating at 88.1% capacity.

Gasoline:  Midwest production is 1,823 thousand barrels per day--a decrease of 8.4% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 662 thousand barrels per day--a decrease of 6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 176 thousand barrels per day--an increase of 1.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 220 thousand barrels per day--a decrease of 5.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of September 17, 2004


Gasoline:   Midwest inventory (or PADD II) is 50.9 million barrels--2.3% lower than last week's inventory and 3.8% 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 September 17, the national stock level is 199.7 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 25.4 million barrels--0.8% (or 200,000 barrels) lower than last week's inventory but 5% higher than last month's level with distillate inventory levels above the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:   Midwest inventory (or PADD II) is 7.4 million barrels--6.3% lower than last week's inventory level and 2.6% lower than last month's level with distillate inventory levels above the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest inventory (or PADD II) is 23.9 million barrels--1.3% higher than last week's inventory level and 6.2% higher than last month's level with inventory levels in 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 September 17, the national inventory level is 63.8 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 1,704 billion cubic feet--3.1% more than last week and 63 billion cubic feet above the 5-year average.  As of September 17, the national inventory level is 2,942 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of about 58 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)



Additional Information:

* * *  Motor Fuel Prices  * * *
Daily State Prices


Daily Metro Prices


Weekly Prices
Monthly Prices
Diesel Fuel Motor Gasoline
Nebraska Nebraska
Columbus Columbus
Grand Island Grand Island
Kearney Kearney
Lincoln Lincoln
Norfolk Norfolk
North Platte North Platte
Omaha Omaha
* * *  Residential Propane Prices  * * *
* * *  Wholesale Propane Prices  * * *
* * *  Heating Oil Prices  * * *

This report was updated on September 23, 2004.

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