Gail Weinholzer, spokeswoman for AAA-Nebraska, says the Husker State’s overall average has dropped a long ways just in the past month.
“We’ve seen prices decline from just under four-dollars a gallon to just over three-dollars a gallon,” Weinholzer says. “In many places, they’re seeing relief anywhere from 60 to 80 cents, which is rather significant.”
Nebraska’s average price for gas is $3.39 a gallon, that’s fallen from $3.44 a week ago and down from $3.79 a month ago.
She says there are essentially three reasons pump prices have been in a free-fall.
“We finished the switch-over from the summer to the winter-grade fuel and as a result, prices declined,” Weinholzer says. “Secondly, crude oil is selling significantly below $100 a barrel, which is where it was at in August. Third, we’re past the summer driving season and as a result, demand has slackened off quite a bit.”
She says gas prices should continue falling in Nebraska for another few weeks.
“We continue to see a decline and will until Thanksgiving,” Weinholzer says. “We’ll probably plateau around that time and then perhaps drop again a bit before we get to the holiday season.”
Nebraska’s current statewide average price for self-serve unleaded is $3.39, that’s seven-cents below the national average.