Lincoln Gas Prices are Down

By: Courtesy: GasBuddy.com Email
By: Courtesy: GasBuddy.com Email

Average retail gasoline prices in Lincoln have fallen 1.2 cents per gallon in the past week, averaging $3.78/g Sunday, according to GasBuddy's daily survey of 146 gas outlets in Lincoln. This compares with the national average that has increased 2.9 cents per gallon in the last week to $3.72/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Lincoln during the past week, prices Sunday were 16.0 cents per gallon higher than the same day one year ago and are 44.4 cents per gallon higher than a month ago. The national average has increased 42.0 cents per gallon during the last month and stands 9.1 cents per gallon higher than this day one year ago.

"The streak is over," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "GasBuddy data showed the national average rising for 32 consecutive days- starting January 20 at $3.265/gal, and ending February 21 at $3.733/gal. The tide has now turned and the national average has dropped two days straight. This is certainly excellent news for disillusioned motorists- but I would caution them not to get overly thrilled as prices may linger near these levels for some time," DeHaan said.


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