official state of nebraska website

Petroleum Average Annual Prices
in Nebraska by Product

Aviation gasoline ($33.04) had the highest price among the petroleum products in 2012, closely followed by motor gasoline ($28.67), kerosene ($28.59), distillate fuel ($27.37), jet fuel ($22.97), and propane ($21.66). Residual fuel ($12.73) had the lowest price among the petroleum products.

From 2011 to 2012, residual fuel increased 29.1 percent, kerosene increased 4.5 percent, aviation gasoline increased 4.4 percent, motor gasoline increased 1.7 percent, and distillate fuel increased 1.2 percent, . Propane decreased 9.2 percent, and jet fuel decreased 0.3 percent.

The prices in the table and graph below are in nominal dollars per million Btu to make a comparison easier among the petroleum products.

chart showing Petroleum Average Annual Prices by Product in Nebraska, from 1970 through 2011.

Petroleum Average Annual Prices by Product
Nebraska, 1990 – 2012

(Nominal Dollars per Million Btu)

Year Aviation
Gasoline
Distillate
Fuel
Jet Fuel Kerosene Motor
Gasoline
Propane Residual
Fuel
2012 $33.04 $27.37 $22.97 $28.59 $28.67 $21.66 $12.73
2011 $31.64 $27.05 $23.03 $27.37 $28.19 $23.85 $9.86
2010 $25.19 $20.90 $16.78 $24.02 $22.13 $19.51 $9.21
2009 $20.32 $16.79 $12.20 $19.87 $18.57 $17.58 $7.54
2008 $27.23 $25.90 $22.56 $22.86 $24.94 $22.14 $12.28
2007 $23.70 $20.05 $16.00 $21.73 $22.66 $19.44 $7.90
2006 $22.31 $18.47 $14.70 $18.82 $20.39 $17.61 $7.71
2005 $18.56 $16.26 $13.19 $15.25 $17.85 $15.69 $6.46
2004 $15.13 $11.89 $8.77 $10.70 $14.54 $13.05 $5.02
2003 $12.42 $9.65 $6.59 $8.90 $12.23 $11.45 $3.87
2002 $10.72 $8.39 $5.44 $7.95 $10.89 $9.32 $3.40
2001 $11.01 $9.02 $5.94 $8.53 $11.59 $11.16 $4.04
2000 $10.87 $9.81 $6.76 $8.76 $12.08 $10.34 $3.88
1999 $8.81 $7.09 $4.08 $4.97 $8.72 $7.28 $2.65
1998 $8.11 $6.35 $3.49 $4.46 $8.20 $6.92 $2.55
1997 $9.39 $7.56 $4.59 $5.84 $9.63 $8.78 $2.65
1996 $9.29 $7.99 $4.89 $6.07 $10.02 $8.75 $2.94
1995 $8.36 $6.90 $4.01 $5.20 $9.22 $7.13 $2.38
1994 $7.96 $6.85 $3.99 $5.60 $9.21 $7.07 $2.08
1993 $8.24 $6.99 $4.33 $5.95 $9.08 $6.81 $2.27
1992 $8.54 $7.03 $4.64 $6.57 $9.09 $7.57 $1.97
1991 $8.71 $7.19 $5.01 $6.61 $9.43 $8.08 $2.02
1990 $9.32 $7.51 $6.03 $8.12 $9.49 $9.17 $2.22

Petroleum Average Annual Prices by Product
Nebraska, 1970 – 1989

(Nominal Dollars per Million Btu)

Year Aviation
Gasoline
Distillate
Fuel
Jet Fuel Kerosene Motor
Gasoline
Propane Residual
Fuel
1989 $8.28 $6.31 $4.54 $6.06 $8.42 $7.65 $2.04
1988 $7.41 $5.62 $4.14 $4.91 $7.22 $7.12 $2.17
1987 $7.55 $6.03 $4.38 $5.14 $7.58 $6.98 $2.53
1986 $8.41 $5.61 $4.43 $5.05 $7.28 $7.30 $2.71
1985 $9.99 $6.51 $6.19 $7.60 $9.67 $7.22 $4.28
1984 $10.27 $6.79 $6.50 $7.69 $9.55 $6.38 $4.65
1983 $10.44 $6.82 $6.63 $7.58 $9.61 $6.62 $4.46
1982 $10.92 $7.07 $7.19 $7.05 $10.71 $6.21 $4.22
1981 $10.84 $7.60 $7.60 $7.57 $11.37 $5.94 $4.38
1980 $9.02 $6.24 $6.47 $5.56 $10.06 $5.78 $3.21
1979 $5.73 $4.24 $4.03 $4.24 $7.41 $4.33 $2.26
1978 $4.29 $3.06 $2.90 $3.44 $5.50 $3.67 $1.70
1977 $3.97 $2.92 $2.69 $3.23 $5.29 $3.94 $1.86
1976 $3.59 $2.61 $2.26 $2.88 $5.06 $3.50 $1.76
1975 $3.45 $2.38 $2.09 $2.63 $4.76 $3.14 $1.74
1974 $3.23 $2.20 $1.60 $2.42 $4.27 $2.99 $1.62
1973 $2.36 $1.28 $0.93 $1.51 $3.21 $2.61 $0.70
1972 $2.19 $1.01 $0.78 $1.23 $3.00 $1.61 $0.71
1971 $2.21 $0.99 $0.78 $1.21 $3.00 $1.55 $0.60
1970 $2.17 $0.95 $0.75 $1.18 $3.03 $1.59 $0.48

Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.

The table and graph were updated on December 5, 2014.
Typically, there are one to two years between updates.