Production and Supply for
Nebraska and Region

Production
As of June 3, 2005

Refineries in the nation are operating at 94.9% capacity.

Gasoline:  Midwest production is 2,061 thousand barrels per day--a decrease of 0.05% (or 1,000 barrels per day) from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 723 thousand barrels per day--a decrease of 2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 185 thousand barrels per day--an increase of 6.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 209 thousand barrels per day--an increase of 2.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of June 3, 2005

Gasoline:   Midwest inventory (or PADD II) is 53.3 million barrels--2.9% more than last week's inventory level and 0.6% (or 300,000 barrels) 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 June 3, the national stock level is 216.6 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 21.4 million barrels--4.4% more than last week's inventory level and 2.9% more 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 7.2 million barrels--1.4% more than last week's inventory level but 4% 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 14.7 million barrels--1.4% more than last week's inventory level and 15% 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 June 3, the national inventory level is 43.6 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 927 billion cubic feet--8% more than last week and 111 billion cubic feet above the 5-year average.  For the week ending June 3, the national inventory level is 1,890 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 1,110 billion cubic feet between now and the end of October. 
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)