Official Nebraska Government Web site

Nebraska Gasoline and Diesel Prices

Motor Gasoline

Midwest gasoline production had a small increase this week even with the downtime at the Coffeyville, Kansas, refinery and problems with refineries in Lima, Ohio, and the Chicago, Illinois, area.

For the week of July 23, Nebraska's average gasoline price fell 16 cents from the previous week to $3.12, which was 14 cents higher than the price at this time last year. Weekly averages in the surveyed cities ranged from $3.03 in Omaha to $3.28 in North Platte. As of July 20, the Midwest gasoline stock level was below the normal range with 48.9 million barrels.

Diesel Fuel

National ultra-low sulfur diesel fuel inventories fell by 1.6-million barrels with the Midwest contributing 1.4-million barrels of the slide.

This week the price of diesel fuel in the state had risen five cents from the previous week to $3.06. According to the weekly price report, this week's state average was seven cents lower than the price at this time last year. Weekly averages in the surveyed cities ranged from $3.05 in Columbus, Norfolk, and Omaha to $3.11 in North Platte. On the supply side, the Midwest distillate fuel inventory level was below the normal range with 19.5 million barrels of ultra-low sulfur diesel fuel and 4.8 million barrels of low sulfur diesel fuel as of July 20.

Notes

Regular unleaded gasoline is regular unleaded motor gasoline with an 87 to 88 octane. Diesel fuel is fuel used for internal combustion in diesel engines. Ultra-low sulfur diesel fuel has sulfur levels of 15 ppm and less while low sulfur diesel fuel ranges from more than 15 ppm to 500 ppm sulfur.

An archive of this report, average gasoline prices for each month, average diesel prices for each month, and historical weekly prices are available for diesel and three grades of motor gasoline.
This symbol indicates a rule of thumb follows.A general rule of thumb:  A dollar increase in the West Texas Intermediate (WTI) crude oil price will result in a 2.5-cent increase in the gasoline price and the diesel fuel price.  Likewise, a dollar decrease in the WTI crude oil price will result in a 2.5-cent decrease in the gasoline price and the diesel fuel price.

Nebraska's weekly average gasoline price graphed for the years 
	     2004 and 2005 and through the current week in 2006.

Regular Unleaded Gasoline Prices for the Week of July 23, 2007
(Price per Gallon)
  Columbus Grand Island Kearney Lincoln Norfolk North Platte Omaha State
Notes:The average may not equal the average of the components due to independent rounding. NA = Not Available.
Weekly Average $3.15 $3.17 $3.13 $3.11 $3.18 $3.28 $3.03 $3.12

Nebraska's weekly average diesel price graphed for the years 
	     2004 and 2005 and through the current week in 2006.

Diesel Prices for the Week of July 23, 2007
(Price per Gallon)
  Columbus Grand Island Kearney Lincoln Norfolk North Platte Omaha State
Notes:The average may not equal the average of the components due to independent rounding. NA = Not Available.
Weekly Average $3.05 $3.06 $3.09 $3.07 $3.05 $3.11 $3.05 $3.06

Source:Nebraska Energy Office, Lincoln, NE.

This report was updated on July 27, 2007. Typically, there is one week between updates.