Rose White, at AAA Nebraska, says the passage of Labor Day means an end to the summer driving season and a drop in demand.
“The national gasoline price is likely to average $2.70 a gallon this fall,” White says. “That’s down from the current price of $2.84 a gallon and more than a quarter cheaper than this year’s record high of $2.97, set in May.”
The average price for gasoline in Nebraska is now $2.70 a gallon, that’s 16-cents higher than a year ago. White anticipates pump prices will spiral downward soon as the switch from summer to winter-grade fuels begins.
“In September, gasoline demand typically drops as refineries switch to cheaper-to-produce winter fuel blends, putting downward pressure on prices at the pump,” White says. “In addition, we’re seeing the end of the summer travel season which causes a downturn in demand.”
The state’s cheapest gas is in Norfolk at $2.59 a gallon while the most expensive gas is in Kearney at $2.77.
Nebraska’s highest ever gasoline price hit $4.10 a gallon in July of 2008.