Production and Supply for
Nebraska and Region

Production
As of October 29, 2004

Refineries in the nation are operating at 89.4% capacity.

Gasoline:  Midwest production is 2,039 thousand barrels per day--an increase of 1.1% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 615 thousand barrels per day--a decrease of 6.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 251 thousand barrels per day--an increase of 26% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 209 thousand barrels per day--a decrease of 11% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of October 29, 2004

Gasoline:  Midwest inventory (or PADD II) is 48.4 million barrels--0.4% (or 200,000 barrels) more than last week's inventory but 3.8% less 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 October 29, the national stock level is 201.7 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 19.7 million barrels--0.5% (or 100,000 barrels) less than last week's inventory and 14% less 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 6.8 million barrels--6.3% more than last week's inventory level but 2.9% less 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 22.5 million barrels--1.8% less than last week's inventory level and 6.6% less than last month's level with inventory levels in the normal range.  As of October 29, the national inventory level is 67.5 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Natural Gas:  The East Region's inventory, of which Nebraska is a part, is 1,921 billion cubic feet--1.4% more than last week and 79 billion cubic feet above the 5-year average.  As of October 29, the national inventory level is 3,293 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)