Gail Weinholzer, at AAA-Nebraska, says the statewide average price for a gallon of self-service unleaded gas is now $3.35, that’s down seven cents a gallon in the past month.
“Demand is dropping off now that all the kids have headed back to school,” Weinholzer says. “Our refineries are meeting demand and as a result, we have ample supply. We also have not had a significant hurricane in the Gulf Coast region to upset crude oil supply there either.”
If all continues to go smoothly, she says pump prices may drop another ten to 20 cents by the end of October, with a couple of variables.
“When we start the switch-over from the summer- to the winter-grade fuel, supplies will tighten up just a little bit, so we could see a very short-term bump in prices,” Weinholzer says. “Again, that will be very limited. Secondly, hurricane season isn’t quite over yet in the Atlantic and Gulf Coast regions.”
Nebraska’s current average gas price is two-cents below the national average. Nebraska’s most expensive gas is in Columbus at $3.44 while the cheapest gas is in Omaha and Norfolk at $3.26.