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Nebraska gas prices fall during past week

Average retail gasoline prices in Nebraska have fallen 6.6 cents per gallon in the past week, averaging $2.24 per gallon Sunday, according to GasBuddy’s daily survey of 1,150 gas outlets in Nebraska. This compares with the national average that has fallen 5 cents per gallon in the last week to $2.16 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Nebraska during the past week, prices yesterday were 72.5 cents per gallon lower than the same day one year ago and are 23.6 cents per gallon lower than a month ago. The national average has decreased 11.4 cents per gallon during the last month and stands 72.1 cents per gallon lower than this day one year ago.

“Terrorism and other geopolitical events always have the potential to bring havoc to Wall Street but early signs suggest that financial market reactions are subdued,” said Gregg Laskoski, GasBuddy’s senior petroleum analyst for the Northeast.

“That means Friday’s events are not likely to be what drives the direction of crude oil and market fundamentals can be expected to push retail gasoline prices lower in the U.S. We’re already seeing that as the national average today is 6 cents lower from a week ago and wholesale prices are also significantly lower,” he added.

For a complete listing of current averages and other fuel price data, visit http://media.gasbuddy.com. For fuel news and alerts, follow @GasBuddyNews on Twitter.

 

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