Production and Supply for
Nebraska and Region

Production
As of July 15, 2005

Refineries in the nation are operating at 92.8% capacity.

Gasoline:  Midwest production is 1,925 thousand barrels per day--a decrease of 0.8% (or 16,000 barrels per day) from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 775 thousand barrels per day--an increase of 10.6% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 193 thousand barrels per day--a decrease of 16% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 247 thousand barrels per day--an increase of 14% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of July 15, 2005

Gasoline:   Midwest inventory (or PADD II) is 50.7 million barrels--0.8% (400,000 barrels) more than last week's inventory level but 1.2% less than last month's level with inventory levels at the bottom of the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of July 15, the national stock level is 211.3 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 23.4 million barrels--4.9% more than last week's inventory level and 9.4% more than last month's level with distillate inventory levels at the upper boundary of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest inventory (or PADD II) is 7.6 million barrels--1.3% lower than last week's inventory level and 1.3% lower than last month's level with distillate inventory levels at the upper boundary of the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 19.5 million barrels--2.1% more than last week's inventory level and 17% 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 July 15, the national inventory level is 57.6 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 1,247 billion cubic feet--3.9% more than last week and 76 billion cubic feet above the 5-year average.  For the week ending July 15, the national inventory level is 2,339 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 661 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)