Production and Supply for
Nebraska and Region



Production
As of September 24, 2004


Refineries in the nation are operating at 83.7% capacity.

Gasoline:  Midwest production is 1,924 thousand barrels per day--an increase of 5.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 653 thousand barrels per day--a decrease of 1.4% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 256 thousand barrels per day--an increase of 45% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 225 thousand barrels per day--an increase of 2.3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of September 24, 2004


Gasoline:  Midwest inventory (or PADD II) is 50.7 million barrels--0.4% (200,000 barrels) lower than last week's inventory and 2.1% 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 24, the national stock level is 198.8 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 24.3 million barrels--4.3% lower than last week's inventory but unchanged from 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 8 million barrels--8.1% higher than last week's inventory level but unchanged from 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--unchanged from last week's inventory level but 2.6% 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 24, the national inventory level is 67.3 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 1,752 billion cubic feet--2.8% more than last week and 61 billion cubic feet above the 5-year average.  As of September 24, the national inventory level is 3,011 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.
(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 30, 2004.

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