March 12, 2019|
AAA: Crude Continues Upward Climb
Nebraska prices up an average of 27 cents during past month
OMAHA, NE (March 11, 2019) ––– Unleaded fuel prices in Nebraska are up six cents a gallon during the past week to a statewide average of $2.39 a gallon, reports AAA-The Auto Club Group. Gas price averages have steadily increased for the past month due to gradually decreasing gasoline stocks, higher crude oil prices, and rising demand.
“Higher crude oil costs are driving up gas prices across the country,” said Rose White, public affairs director, AAA-The Auto Club Group. “Since the first of the year, crude has risen eleven dollars in the U.S. trading market. With each dollar increase, we can expect pump prices to rise 2.5 cents a gallon.”
Fuel Price Summary:
Nebraska Iowa National Average
March 11, 2019 $2.39 $2.43 $2.48
March 4, 2019 $2.33 $2.35 $2.42
February 11, 2019 $2.12 $2.12 $2.28
March 11, 2018 $2.51 $2.47 $2.52
This past week, the Energy Information Administration (EIA) reported that domestic U.S. production hit a new all-time high record during the previous week. At 12.1 million barrels per day, the United States is the world’s leading crude producer.
For more information on fuel prices visit www.gasprices.AAA.com.
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.8 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.
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