Gas Prices Drop Slightly, Analysts Warn Not to Bank on The Trend - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Gas Prices Drop Slightly, Analysts Warn Not to Bank on The Trend

Posted: Updated:

A small drop in gas prices is good news for Nebraskans.

Average retail gasoline prices in Neb. have fallen 3.3 cents per gallon in the past week, now averaging $3.66 per gallon Sunday, according to GasBuddy's daily survey of 1,150 gas outlets across the state.

This compares with the national average that has fallen 3.2 cents per gallon in the last week and sits even with the state average.

Including the change in gas prices in Nebraska during the past week, prices on Sunday were 14 cents per gallon lower than the same day one year ago but are 11.7 cents per gallon higher than a month ago.

The national average has increased 10.2 cents per gallon during the last month but still stands 8.8 cents per gallon lower than prices a year ago.

"Relief at the pump has continued for motorists in a majority of the United States during the last week," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

"I would caution motorists, however, not to sound the all clear. Refineries will be continuing their switch over to cleaner burning gasoline, and there certainly is the possibility that one mishap could send prices racing higher, much to the disappointment of motorists nationwide," DeHaan said.

Untitled Document

Facebook

Powered by WorldNow
General and news information or questions:
Across the Midlands Information:
events@nebraska.tv
Comments: comments@nebraska.tv
News:
news@nebraska.tv
Phone: 308-743-2494
News Fax: 308-743-2660
All content © Copyright 2000 - 2014 WorldNow and NTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.