Production and Supply for
Nebraska and Region



Production
As of June 24, 2005


Refineries in the nation are operating at 96.3% capacity.

Gasoline:  Midwest production is 1,996 thousand barrels per day--an increase of 0.8% (or 15,000 barrels per day) from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 762 thousand barrels per day--an increase of 4.8% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 173 thousand barrels per day--a decrease of 2.3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 189 thousand barrels per day--a decrease of 17% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)



Supply
As of June 24, 2005


Gasoline:   Midwest inventory (or PADD II) is 51.3 million barrels--0.2% (or 100,000 barrels) more than last week's inventory level 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 June 24, the national stock level is 216.2 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 21.4 million barrels--0.9% (or 200,000 barrels) less than last week's inventory level but no change from 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 7.7 million barrels--4.1% higher than last week's inventory level and 6.9% more 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 16.7 million barrels--6.4% more than last week's inventory level and 13.6% 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 24, the national inventory level is 49.6 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 1,091 billion cubic feet--6.1% more than last week and 97 billion cubic feet above the 5-year average.  For the week ending June 24, the national inventory level is 2,123 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 877 billion cubic feet between now and the end of October.  Net injections into working gas storage during the first 12 weeks of the build season have averaged nearly 73 billion cubic feet, almost 6 percent more than the 5-year average of 69 billion cubic feet.  Working gas stocks would be close to 3,400 billion cubic feet by the start of the heating season if net injections into working gas through the remainder of the build season continue at the average rate.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)



Additional Information:

* * *  Motor Fuel Prices  * * *
Daily State Prices


Daily Metro Prices


Weekly Prices
Monthly Prices
Diesel Fuel Motor Gasoline
Nebraska Nebraska
Columbus Columbus
Grand Island Grand Island
Kearney Kearney
Lincoln Lincoln
Norfolk Norfolk
North Platte North Platte
Omaha Omaha
* * *  Residential Propane Prices  * * *
* * *  Wholesale Propane Prices  * * *
* * *  Heating Oil Prices  * * *
* * *  Wholesale Heating Oil Prices  * * *

This report was updated on June 30, 2005.  Typically, there is one week between updates.

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