Gasoline demand is strong heading into Memorial Day weekend, which has the double whammy of being a holiday weekend and the beginning of the driving season. Even so, Nebraska's retail gasoline price decreased 1 cent from last week to $2.09 with metro prices ranging from $2.01 in Columbus to $2.08 in Grand Island. This week's state average was 3 cents higher than the price at this time last year. As of May 20, the Midwest gasoline stock level was at the upper boundary of the normal range at 52.2 million barrels.
The state average retail diesel price fell 3 cents from last week to $2.18 per gallon with metro prices ranging from $2.13 in Lincoln to $2.24 in Kearney. According to the weekly price report, this week's state average is 39 cents higher than the price at this time last year. The Midwest distillate fuel inventory level was below the normal range as of May 20.
An archive of this report and historical weekly prices are available.
