Production and Supply for
Nebraska and Region

Production
As of October 8, 2004

Refineries in the nation are operating at 86.9% capacity.

Gasoline:  Midwest production is 1,986 thousand barrels per day--a decrease of 2.6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 634 thousand barrels per day--a decrease of 4.1% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 224 thousand barrels per day--an increase of 24% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 236 thousand barrels per day--an increase of 2.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of October 8, 2004

Gasoline:  Midwest inventory (or PADD II) is 50.3 million barrels--0.2% (or 100,000 barrels) higher than last week's inventory but 1.2% 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 8, the national stock level is 200.6 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:   Midwest inventory (or PADD II) is 22.9 million barrels--6.2% lower than last week's inventory and 9.8% lower than last month's level with distillate inventory levels in the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:   Midwest inventory (or PADD II) is 7 million barrels--4.1% lower than last week's inventory level and 5.4% lower than last month's level with distillate inventory levels in the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:   Midwest inventory (or PADD II) is 24.1 million barrels--1.2% lower than last week's inventory level but 0.8% (or 200,000 barrels) higher than last month's level with inventory levels in the normal range.  As of October 8, the national inventory level is 68.6 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Natural Gas:  The East Region's inventory, of which Nebraska is a part, is 1,843 billion cubic feet--2% more than last week and 72 billion cubic feet above the 5-year average.  As of October 8, the national inventory level is 3,159 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)