Production and Supply for
Nebraska and Region

Production
As of May 5, 2006

Refineries in the nation are operating at 90.2% capacity.

Gasoline:  Midwest production is 2,085 thousand barrels per day--a decrease of 3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest production is 659 thousand barrels per day--an increase of 4.4% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest production is 168 thousand barrels per day--a decrease of 25% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest production is 227 thousand barrels per day--a decrease of 3% from last week.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Supply
As of May 5, 2006

Gasoline:   Midwest inventory (or PADD II) is 51.3 million barrels--1.4% less than last week's inventory level and 3% less than last month's level with inventory levels at the upper boundary of the normal range.  The Energy Information Administration maintains a benchmark for national stocks at 200 million barrels.  As of May 5, the national stock level is 205.1 million barrels.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Diesel:  Midwest inventory (or PADD II) is 20.8 million barrels--2% more than last week's inventory level but 2.8% less than last month's level with distillate inventory levels below the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Heating Oil:  Midwest inventory (or PADD II) is 6.2 million barrels--1.6% less than last week's inventory level and 10% less than last month's level with distillate inventory levels below the normal range.
(Source:  Weekly Petroleum Status Report, Energy Information Administration)

Propane:  Midwest inventory (or PADD II) is 15.2 million barrels--5.6% more than last week's inventory level and 21% more than last month's level with inventory levels above 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 May 5, the national inventory level is 35.6 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 1,008 billion cubic feet--5.1% more than last week and 400 billion cubic feet above the five-year average.  For the week ending May 5, the national inventory level is 1,989 billion cubic feet.  Close to three trillion cubic feet is generally considered to be adequate for winter demand.  This would require an injection of 1,011 billion cubic feet between now and the end of October.
(Source:  Weekly Natural Gas Storage Report, Energy Information Administration)