As of Thursday, October 6, 4:00 pm

Shut-in Status

Date	Shut-in Oil (bbl/d)	% of Total Federal GOM	Shut-in Gas (mmcf/d)	% of Total Federal GOM
10/6/2005	1,202,364	77.0%	6,628	63.7%
10/5/2005	1,299,928	83.2%	6,895	66.3%
10/4/2005	1,349,617	86.4%	7,170	68.9%
10/3/2005	1,391,926	89.1%	7,495	72.1%
9/30/2005	1,467,577	94.0%	7,941	76.4%
9/29/2005	1,478,780	94.7%	7,980	76.7%
9/28/2005	1,511,715	96.8%	8,072	77.2%
9/27/2005	1,512,937	96.9%	7,857	75.5%
9/26/2005	1,527,630	97.8%	7,843	75.4%
9/24/2005	1,500,898	96.1%	7,488	72.0%

source: Minerals Management Service


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Prices

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Petroleum
As Hurricane Rita approached, 16 refineries along the Gulf Coast shut down as a precautionary measure and to allow employees to evacuate, and as today, 8 are completely shutdown. In sum, there are 4 refineries still shut down in the New Orleans area following Hurricane Katrina, 7 shut down in the Port Arthur and Lake Charles areas, and 1 shut down in the Houston/Texas City/Galveston refining area, amounting to a total of over 3.0 million barrels per day of refining capacity that is currently offline. This accounts for nearly 1.3 million barrels per day of gasoline, about 700,000 barrels per day of distillate fuel, and nearly 400,000 barrels per day of jet fuel that is not being produced as long as these refineries remain shutdown. Please consult the Office of Electricity Delivery and Energy Reliability's Situation Report for specific information on the refineries.

Natural Gas
According to EIA's Weekly Natural Gas Storage Report for the week ending Friday, September 30 (released October 6), Working gas in storage was 2,929 Bcf as of Friday, September 30, 2005, according to EIA estimates. This represents a net increase of 44 Bcf from the previous week. Stocks were 151 Bcf less than last year at this time and 40 Bcf above the 5-year average of 2,889 Bcf. In the East Region, stocks were 9 Bcf above the 5-year average following net injections of 35 Bcf. Stocks in the Producing Region were 9 Bcf below the 5-year average of 796 Bcf after a net injection of 4 Bcf. Stocks in the West Region were 39 Bcf above the 5-year average after a net addition of 5 Bcf. At 2,929 Bcf, total working gas is within the 5-year historical range.

In an attempt to assess the effects of Hurricanes Katrina and Rita on oil andthe Louisiana Office of Conservation is addressing the operating status of producing wells in a thirty-eight (38) parish region for information. On October 6, the Office said it has received reports indicating 515.4 million cubic feet per day (MMcf/d) of onshore and offshore (in State waters only) natural gas production has been restored, while 42.6 percent of the wells reportedly remain shut-in. However, the Office has not received information on approximately 39.2 percent of the oil and gas wells in the region. The daily gas production capacity of the 38-parish region is estimated to be approximately 2,235 MMcf/d, based on the average production reported to the Office for the period January 2005 to May 2005.

Sabine Pipeline, operator of the Henry Hub, has lifted its force majeure for gas flows at 12 pipeline interconnects at the hub, but noted it will continue its force majeure for all remaining points until further notice. There are 14 pipelines with interconnections at the Henry Hub. As a result of these changes at the Hub, the New York Mercantile Exchange (NYMEX), where futures contracts are traded for delivery to the Henry Hub, lifted the force majeure condition for both September and October 2005 natural gas futures contract delivery obligations, effective for gas day October 5. NYMEX said that all participants who have outstanding obligations for these delivery months should commence nomination procedures in conformance with prescribed practices. NYMEX is also giving traders the ability to mutually agree to execute an alternative delivery procedure.