Production and Supply for
Nebraska and Region

Production
As of June 10, 2005

Refineries in the nation are operating at 96.7% capacity.

Gasoline:  Midwest production is 2,113 thousand barrels per day--an increase of 2.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 764 thousand barrels per day--an increase of 5.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 267 thousand barrels per day--an increase of 44% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 221 thousand barrels per day--an increase of 5.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of June 10, 2005

Gasoline:   Midwest inventory (or PADD II) is 52.7 million barrels--1.1% less than last week's inventory level but 1.0% more 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 June 10, the national stock level is 215.7 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 21.7 million barrels--1.4% more than last week's inventory level and 7.4% 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 7.4 million barrels--2.8% more than last week's inventory level but 1.3% 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 15.5 million barrels--5.4% more than last week's inventory level and 16.5% more 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 June 10, the national inventory level is 46.1 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 976 billion cubic feet--5.3% more than last week and 100 billion cubic feet above the 5-year average.  For the week ending June 10, the national inventory level is 1,956 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 1,044 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)