Production and Supply for
Nebraska and Region

Production
As of August 26, 2005

Refineries in the nation are operating at 97.1% capacity.

Gasoline:  Midwest production is 1,950 thousand barrels per day--an increase of 4.5% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 704 thousand barrels per day--an increase of 12.3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 228 thousand barrels per day--a decrease of 9.9% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 213 thousand barrels per day--a decrease of 6.2% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of August 26, 2005

Gasoline:   Midwest inventory (or PADD II) is 45.6 million barrels--1.5% less than last week's inventory level and 7.7% less than last month's level with inventory levels dropping further below the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of August 26, the national stock level is 194.4 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 23.6 million barrels--6.3% more than last week's inventory level but 0.4% (or 100,000 barrels) less than last month's level with distillate inventory levels above the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest inventory (or PADD II) is 8.2 million barrels--no change from last week's inventory level but 3.8% more than last month's level with distillate inventory levels above the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 22.8 million barrels--0.9% (or 200,000 barrels) more than last week's inventory level and 8.6% 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 26, the national inventory level is 65.4 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 1,503 billion cubic feet--3.5% more than last week and 38 billion cubic feet above the 5-year average.  For the week ending August 26, the national inventory level is 2,633 billion cubic feet.  Close to 3 trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 367 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)