Production and Supply for
Nebraska and Region

Production
As of April 29, 2005

Refineries in the nation are operating at 91.7% capacity.

Gasoline:  Midwest production is 1,977 thousand barrels per day--a decrease of 1.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 647 thousand barrels per day--an increase of 6.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 220 thousand barrels per day--a decrease of 19% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 207 thousand barrels per day--a decrease of 3.3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of April 29, 2005

Gasoline:   Midwest inventory (or PADD II) is 51.9 million barrels--1% more than last week's inventory level and 1.4% more than last month's level with inventory levels above the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of April 29, the national stock level is 213.5 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 20.1 million barrels--1% more than last week's inventory level but 2.9% less than last month's level with distillate inventory levels skirting the lower boundary of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest inventory (or PADD II) is 7.3 million barrels--4.3% more than last week's inventory level and 9% more than last month's level with distillate inventory levels skirting the lower boundary of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 11.3 million barrels--5.6% more than last week's inventory level and 31% more than last month's level with inventory levels continuing at the upper boundary of 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 April 29, the national inventory level is 33.2 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 657 billion cubic feet--3.3% more than last week and 100 billion cubic feet above the 5-year average.  For the week ending April 29, the national inventory level is 1,455 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 1,545 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)