Gasoline prices are below $2 a gallon in many locations as Nebraskans prepare to hit the road for the Thanksgiving holiday weekend. AAA-Nebraska spokeswoman Rose White says motorists are thankful for low gas prices that haven’t been seen in seven years.
“Approximately 42-million Americans are expected to take a road trip this Thanksgiving and drivers should pay the lowest pump prices for the Thanksgiving holiday since 2008,” White said.
The U.S. Energy Administration reports domestic crude oil inventories are near an all-time high and White says many Midwest refineries are back on-line after planned or unplanned maintenance.
“Production in the region is at its highest rate in nearly two months and that has attributed to a steady decline in prices across the Midwest,” Rose said. This morning, AAA reports the statewide average for a gallon of regular unleaded gas has dropped to $2.12.
“Nebraskans traveling across the state are seeing significant savings compared to last year,” Rose said. “They’re saving about 76-cents per gallon. With a 15-gallon tank, that means they’re saving about $11.40 each time the fill their vehicle.”
The national average is a few pennies lower than Nebraska at $2.06 a gallon.