Production and Supply for
Nebraska and Region

Production
As of October 1, 2004

Refineries in the nation are operating at 88.9% capacity.

Gasoline:  Midwest production is 2,039 thousand barrels per day--an increase of 6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 661 thousand barrels per day--an increase of 1.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 181 thousand barrels per day--a decrease of 29% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 231 thousand barrels per day--an increase of 2.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of October 1, 2004

Gasoline:  Midwest inventory (or PADD II) is 50.2 million barrels--1% lower than last week's inventory and 3.7% 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 1, the national stock level is 199.4 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 24.4 million barrels--0.4% (or 100,000 barrels) lower than last week's inventory and 4.7% lower 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 7.3 million barrels--8.8% lower than last week's inventory level and 7.6% 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 24.4 million barrels--2.1% higher than last week's inventory level and 3.4% 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 October 1, the national inventory level is 68.3 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 1,807 billion cubic feet--3.1% more than last week and 71 billion cubic feet above the 5-year average.  As of October 1, the national inventory level is 3,092 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)