Production and Supply for
Nebraska and Region

Production
As of August 12, 2005

Refineries in the nation are operating at 93.5% capacity.

Gasoline:  Midwest production is 2,004 thousand barrels per day--an increase of 6.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 620 thousand barrels per day--a decrease of 10.7% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 220 thousand barrels per day--a decrease of 9.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 198 thousand barrels per day--a decrease of 7.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of August 12, 2005

Gasoline:   Midwest inventory (or PADD II) is 48.8 million barrels--1.2% less than last week's inventory level and 5.2% less than last month's level with inventory levels continuing just below the normal range for the second consecutive week.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of August 12, the national stock level is 198.1 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 21.8 million barrels--8% less than last week's inventory level and 6.8% less 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 7.7 million barrels--2.5% less than last week's inventory level and 3.8% 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 21.6 million barrels--2.9% more than last week's inventory level and 9.6% 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 August 12, the national inventory level is 65.3 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 1,406 billion cubic feet--3% more than last week and 39 billion cubic feet above the 5-year average.  For the week ending August 12, the national inventory level is 2,515 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 485 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)