There’s more than a month of summer left, but the summer travel season is almost over as many kids will soon be returning to school.
After some ups and downs, gasoline prices in Nebraska dropped seven-cents a gallon in the past month and one fuel analyst says summer travel hasn’t been this cheap in more than a decade.
Gail Weinholzer, at AAA-Nebraska, says prices at the pump will likely stay low for the duration of the season.
“We will go through the switch-over as we always do in the fall from the summer to the winter grade of fuel,” Weinholzer says. “That also reduces prices.”
Gas prices in Nebraska are averaging $2.14 a gallon, down from $2.21 a month ago and down from $2.73 a year ago.
The national average price for gas is $2.12 a gallon, two cents below Nebraska’s average. Weinholzer predicts little change in the weeks to come.
“The only thing to keep an eye on during this time frame is the hurricane season,” she says. “As we know, that can be quite devastating to the gas supply and crude oil supply in the United States.”
Hurricane Earl swept through the Gulf of Mexico, across Mexico and parts of Central America earlier this month, but had little impact on U.S. oil operations in the Gulf.