Neb. Gas Prices See Small Decline, Still Highest Since Last Summ - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Neb. Gas Prices See Small Decline, Still Highest Since Last Summer

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Gas prices in Nebraska have fallen after weeks on the increase but they’re still at their highest since last summer.

The average cost for a gallon of gas fell 1.5 cents in the past week, averaging $3.54 on Sunday, according to www.gasbuddy.com. This is lower than the national average which saw a rise of 2.3 cents per gallon and rang in at $3.62 per gallon on Sunday.

Gas prices in Nebraska on Sunday were 16.3 cents per gallon higher than the same day one year ago and are 7.5 cents per gallon higher than they were a month ago. The national average has seen a larger increase of 11.9 cents per gallon during the last month and stands 12.1 cents per gallon higher than prices this time last year.

"The national average now stands at its highest level since last August," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

Experts believe we could still see rises in the coming months but there is some hope ahead.

"The advance in prices has continued, with the worst jumps in areas of California, and southern states, where prices have increased anywhere from 15 to 30 cents per gallon in some cases. The increases will likely continue to persist, at worst for another month or so, but at best, we could see some relief arrive as soon as May rolls in," DeHaan said.

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