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Lincoln Gas Prices on the Rise

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Posted: Mon 9:26 AM, Sep 10, 2012

Average retail gasoline prices in Lincoln have risen 7.7 cents per
gallon in the past week, averaging $3.88/g Sunday. This compares with the national average that has increased 1.3 cents per gallon in the last week to $3.81/g, according to gasoline price website LincolnGasPrices.com.

Including the change in gas prices in Lincoln during the past week, prices Sunday were 11.9 cents per gallon higher than the same day one year ago and are 14.4 cents per gallon higher than a month ago. The national average has increased 14.6 cents per gallon during
the last month and stands 14.9 cents per gallon higher than this day one year ago.

"Even with Isaac long gone, the oil industry is still bringing capacity back online at refineries and oil rigs, which is keeping pressure on prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Supply remains tight across the country as we slowly
approach the transition to winter spec gasoline, but I continue to be firm in believing that the national average will start to decline towards the end of September, as is typically the case," DeHaan said.


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