Oil Refinery Maintenance May Be Cause of Increase in Gas Prices - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Oil Refinery Maintenance May Be Cause of Increase in Gas Prices

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Gas prices in Nebraska have risen an average of 15.3 cents per gallon in the past week.

GusBuddy's daily survey of 1,150 gas outlets throughout Nebraska has the average price in Nebraska at $3.34 per gallon. This is higher than the national average, which is sitting at $3.31 per gallon and only rose 4.5 cents per gallon in the last week.

Analysts at GasBuddy.com believe the cause may be due to refinery maintenance.

GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said, "Refinery production has taken a hit in the last week as companies begin looking towards the summer driving season, utilizing this time of year for maintenance and any upgrades before gasoline demand races higher for the summer season."

Gas prices on Sunday were 7.1 cents per gallon higher than the same day one year ago and are 15.1 cents per gallon higher than a month ago.

 

 

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