Observations all along the line - Kimball & the Southern Panhandle First

Gas Prices Stall

Average retail gasoline prices in Nebraska have not moved  in the past week, averaging $3.16 per gallon on Monday, according to GasBuddy’s daily survey of 1,150 gas outlets in Nebraska. This compares with the national average that has increased 3.0 cents per gallon in the last week to $3.27, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Nebraska during the past week, prices Monday were 0.7 cents per gallon higher than the same day one year ago and are 17.2 cents per gallon lower than a month ago. The national average has decreased 13.2 cents per gallon during the last month and stands 1.7 cents per gallon higher than one year ago.

“2012 was a year that focused the spotlight on our nation’s oil refineries; it showed us the vulnerability of our infrastructure and what can happen to prices at the pump when infrastructure is compromised.” said Patrick DeHaan, GasBuddy.com Senior Petroleum Analyst.

With elevated prices across much of the country, 2012 brought the highest average price ever for U.S. consumers: $3.60 per gallon.

 
 
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