After weeks of slowly marching lower, the national average for a gallon of gas reversed course, rising two cents in mid-December to $3.04, and then dropped one cent to $3.03 as of Dec. 27.
“We could be heading into a period of relative stability when it comes to pump prices,” Andrew Gross, AAA spokesperson, said. “Despite some reports to the contrary, the national average never fell below $3 this year, and it might not as a record 119 million people are forecast to travel this holiday season. And 107 million will go by car, which is a lot of fueling up.”
According to new data from the Energy Information Administration (EIA), gasoline demand rose slightly from 8.81 million b/d last week to 8.92. Meanwhile, total domestic gasoline stocks rose from 219.7 million barrels to 222, while gasoline production decreased last week, averaging 9.9 million barrels daily.
Nebraska’s average is sitting on the lower end of gas prices—at $2.76—while stats on the western coast are on the higher end, ranging between $3.12 and $4.54.
Nebraska’s average a year ago was higher, sitting at $2.88.
The average cost of diesel has also gone down from a year ago, as in 2023 at this time, diesel cost $3.72, whereas today it’s $3.19.
Clay County’s gas prices sit in the middle of costs, sitting between $2.77 and $2.88—$2.78 to be exact.
Nearby counties with the lowest gas prices ($2.66-2.66) include Jefferson, Saline, York, and Hamilton.
These prices have not risen anywhere near Nebraska’s highest recorded average price, which was $4.79 for regular unleaded and $5.35 for diesel, both in June 2022.