For the week of May 8, Nebraska's average gasoline price fell five cents per gallon from the previous week to $2.82, which was 68 cents higher than the price at this time last year. Weekly average prices in surveyed cities ranged from $2.76 in Columbus to $2.85 in Kearney. As of May 5, the Midwest gasoline stock level was at the upper boundary of the normal range with 51.3 million barrels.
Nebraska's average diesel price decreased one cent to $2.91 per gallon. According to the weekly price report, this week's state average was 66 cents higher than the price at this time last year. Weekly averages in the surveyed cities ranged from $2.85 in Norfolk to $2.94 in Kearney. On the supply side, the Midwest distillate fuel inventory level was below the normal range with 20.8 million barrels of diesel fuel as of May 5.
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.
An archive of this report and historical weekly prices are available.
