Gasoline prices are still climbing in the new year, now averaging $3.13 a gallon in Nebraska. That’s five cents above the national average.
Gail Weinholzer at AAA-Nebraska says she expects prices to remain above the three-dollar mark for at least the first few months of 2011.
Weinholzer says, “Then of course, once we get into the summer, it’ll depend on how demand and supply looks as well as how the economic, political and environmental activities are going on in the Gulf and various other regions of the world.”
She says two major factors have contributed to the price hike at the pump. Weinholzer says crude oil is consistently selling above $90 a barrel as investors are betting on an economic recovery both nationally and internationally.
Nebraska’s gas prices are at their highest level in about two years. “I think those that are estimating anything higher…are doing so rather speculatively,” Weinholzer said. “But, we don’t see that there’s going to be any significant relief anytime in the near future – not that prices will necessarily increase – but we don’t expect a significant decrease either.”
The AAA says the state’s cheapest gas is selling in Norfolk for $3.09 while the most expensive gas is in Kearney at $3.19.