Crude Oil Wellhead Prices in Nebraska
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Crude Oil Wellhead Prices in Nebraska |
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The average wellhead price of crude oil leaped $8.55 to $102.39 in April from the previous month. The price of $102.39 was $47.84 (nearly 90 percent) higher than last year's price. This is a new record high for a monthly average price. The previous record high was set in March 2008 at $93.84 and, before that, in November 2007 at $85.11. |
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Crude Oil Wellhead Prices in Nebraska, 1978-2008 |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual Average |
| 1978 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $11.40 |
| 1979 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $18.13 |
| 1980 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $30.60 |
| 1981 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $35.32 |
| 1982 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $30.98 |
| 1983 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $28.58 |
| 1984 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | $27.83 |
| 1985 | $24.82 | $24.41 | $24.70 | $25.10 | $25.47 | $25.44 | $25.38 | $25.38 | $25.61 | $25.93 | $26.30 | $26.54 | $25.42 |
| 1986 | $24.26 | $17.06 | $12.85 | $11.44 | $12.20 | $12.28 | $10.35 | $11.99 | $13.15 | $12.73 | $12.65 | $13.30 | $13.70 |
| 1987 | $15.80 | $16.22 | $16.14 | $16.34 | $17.01 | $17.62 | $18.63 | $18.58 | $17.61 | $17.63 | $17.25 | $16.11 | $17.08 |
| 1988 | $15.27 | $14.89 | $14.53 | $15.72 | $15.87 | $15.03 | $13.76 | $13.64 | $13.17 | $12.11 | $11.93 | $13.74 | $14.08 |
| 1989 | $15.71 | $15.86 | $17.45 | $18.68 | $18.09 | $18.05 | $17.87 | $16.25 | $17.11 | $17.78 | $17.41 | $18.32 | $17.36 |
| 1990 | $20.00 | $19.72 | $18.19 | $16.18 | $15.95 | $14.37 | $16.03 | $24.48 | $30.88 | $33.21 | $29.46 | $24.47 | $21.94 |
| 1991 | $21.77 | $17.96 | $17.29 | $18.30 | $18.48 | $17.52 | $18.83 | $18.99 | $19.25 | $20.63 | $19.72 | $16.82 | $18.78 |
| 1992 | $16.18 | $16.19 | $16.08 | $17.19 | $17.92 | $19.22 | $18.56 | $18.18 | $18.79 | $18.63 | $17.26 | $16.31 | $17.51 |
| 1993 | $15.93 | $16.88 | $16.95 | $16.91 | $16.28 | $15.40 | $14.10 | $14.18 | $13.58 | $14.26 | $12.87 | $10.77 | $14.90 |
| 1994 | $11.19 | $10.92 | $10.88 | $12.67 | $14.52 | $15.76 | $16.32 | $14.81 | $13.91 | $14.22 | $14.55 | $13.65 | $13.60 |
| 1995 | $14.60 | $15.33 | $15.15 | $16.63 | $16.44 | $15.27 | $14.08 | $14.71 | $14.95 | $14.15 | $14.77 | $16.06 | $15.18 |
| 1996 | $15.91 | $15.79 | $18.04 | $20.25 | $18.94 | $18.27 | $19.06 | $19.72 | $21.99 | $22.78 | $21.38 | $22.79 | $19.57 |
| 1997 | $22.93 | $19.88 | $18.50 | $17.40 | $18.37 | $16.55 | $16.94 | $17.11 | $17.74 | $18.52 | $17.29 | $15.47 | $18.10 |
| 1998 | $13.84 | $13.15 | $12.09 | $12.47 | $11.86 | $10.36 | $10.77 | $10.22 | $11.79 | $11.24 | $9.70 | $8.63 | $11.50 |
| 1999 | $9.81 | $9.35 | $12.33 | $14.96 | $15.61 | $15.77 | $17.94 | $19.03 | $21.50 | $20.40 | $22.77 | $23.81 | $17.21 |
| 2000 | $24.70 | $27.25 | $28.07 | $23.61 | $26.56 | $28.86 | $27.78 | $28.88 | $30.80 | $30.42 | $32.14 | $26.36 | $27.97 |
| 2001 | $27.39 | $27.60 | $24.36 | $24.82 | $25.89 | $24.46 | $23.98 | $24.77 | $24.63 | $19.66 | $19.26 | $16.95 | $23.67 |
| 2002 | $16.98 | $17.97 | $21.66 | $23.67 | $24.44 | $23.25 | $24.48 | $25.47 | $27.36 | $26.43 | $24.36 | $27.08 | $23.62 |
| 2003 | $30.36 | $33.28 | $30.88 | $25.98 | $25.88 | $28.12 | $28.50 | $29.32 | $26.00 | $28.02 | $28.31 | $29.53 | $28.63 |
| 2004 | $31.35 | $31.80 | $34.10 | $33.82 | $37.29 | $35.09 | $37.37 | $41.76 | $43.06 | $50.24 | $46.06 | $38.87 | $38.42 |
| 2005 | $41.53 | $43.11 | $50.08 | $48.06 | $45.05 | $50.87 | $53.66 | $60.00 | $60.67 | $58.51 | $54.61 | $55.46 | $52.38 |
| 2006 | $61.44 | $57.22 | $56.48 | $61.19 | $61.44 | $61.62 | $65.40 | $64.08 | $54.27 | $48.58 | $48.41 | $51.56 | $57.77 |
| 2007 | $44.22 | $49.64 | $50.84 | $54.55 | $53.95 | $57.70 | $64.66 | $62.96 | $69.58 | $76.15 | $85.11 | $81.64 | $62.78 |
| 2008 | $81.98 | $84.47 | $93.84 | $102.39 | NA | NA | NA | NA | NA | NA | NA | NA | NA |
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Sources: Petroleum Marketing Monthly. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE. Notes: NA = Not Available. Numbers in red have been revised. This table was updated on July 1, 2008. Typically, there is one month between updates. Energy Statistics Home | Contact Us | Conversion Chart | Glossary |
