The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

Gas prices decrease by about 3 cents per gallon across Nebraska

 


Average retail gasoline prices in Nebraska have fallen 3.1 cents per gallon in the past week, averaging $2.35 per gallon on Sunday, according to GasBuddy’s daily survey of 1,150 gas outlets in Nebraska. This compares with the national average that has increased 0.5 cents per gallon in the last week to $2.39 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Nebraska during the past week, prices yesterday were $1.20 per gallon lower than the same day one year ago and are 7.8 cents per gallon lower than a month ago. The national average has decreased 4.9 cents per gallon during the last month and stands $1.24 per gallon lower than this day one year ago.

“Amidst all the talk about gasoline prices, I think there’s a few major points no one is remembering,” said Patrick DeHaan. GasBuddy senior petroleum analyst. “And that is the climate that is gasoline prices – how today’s air is crisp, blue and unlike the past five years when clouds made it impossible to feel optimistic about hitting the road for summer.”

GasBuddy last week forecast that summertime gasoline prices would be at their lowest since 2005. Though it may be a close call, DeHaan says it’s not always about the numbers alone.

“Sure, gasoline prices in 2009 may be close to what they are now, but who was talking about hitting the road when your job was on the line? Who cared about how low gas prices were when you weren’t sure if you could even pay all of your bills? This is the first time since the 2005 that we’ve seen such low gasoline prices combined with a strong economy, making it a great time to think about hitting the road this summer,” he said.

According to GasBuddy, almost a third of gas stations are priced under $2.25 per gallon today while 80 percent are under $2.50 per gallon and 94 percent under $3. The pump landscape a year ago was far far different: 0 percent of stations under $2.25, 0 percent under $2.50 and 0 percent under $3 per gallon. In fact, one year ago 99.1 percent of stations were selling over $3.25 per gallon.

“We’ve come a long way, and we won’t be looking back at that for quite some time,” DeHaan declared.

 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017

Rendered 05/26/2017 20:12