Gas Prices in Lincoln are Down

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Lincoln gas prices have fallen 5.8 cents per gallon in the past week, averaging $2.53/g Monday, according to GasBuddy's daily survey of 146 stations. Gas prices in Lincoln are 12.3 cents per gallon lower than a month ago, yet stand 25.4 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Lincoln is priced at $2.28/g Monday while the most expensive is $2.80/g, a difference of 52.0 cents per gallon. The lowest price in the state today is $2.24/g while the highest is $2.97/g, a difference of 73.0 cents per gallon. The cheapest price in the entire country today stands at $1.75/g while the most expensive is $5.49/g, a difference of $3.74/g.

The national average price of gasoline has fallen 5.1 cents per gallon in the last week, averaging $2.58/g today. The national average is down 6.3 cents per gallon from a month ago, yet stands 22.4 cents per gallon lower than a year ago.

Historical gasoline prices in Lincoln and the national average going back a decade:
October 28, 2018: $2.78/g (U.S. Average: $2.81/g)
October 28, 2017: $2.51/g (U.S. Average: $2.46/g)
October 28, 2016: $2.31/g (U.S. Average: $2.21/g)
October 28, 2015: $2.51/g (U.S. Average: $2.19/g)
October 28, 2014: $3.04/g (U.S. Average: $3.02/g)
October 28, 2013: $3.20/g (U.S. Average: $3.27/g)
October 28, 2012: $3.48/g (U.S. Average: $3.54/g)
October 28, 2011: $3.50/g (U.S. Average: $3.44/g)
October 28, 2010: $2.82/g (U.S. Average: $2.79/g)
October 28, 2009: $2.75/g (U.S. Average: $2.67/g)

Neighboring areas and their current gas prices:
Omaha- $2.44/g, down 1.9 cents per gallon from last week's $2.46/g.
Nebraska- $2.52/g, down 1.5 cents per gallon from last week's $2.53/g.
Topeka- $2.39/g, down 0.7 cents per gallon from last week's $2.40/g.

"The air is getting crisp, the leaves falling, and for the third straight week the national average price of gasoline has too, " said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Most states saw notable declines, while California and the Great Lakes states saw the largest dips. Solidly in the rear view are California's previous refinery issues that caused prices to soar, but now a new problem- filling up with the cheaper gasoline as power outages have cut access to hundreds of stations across the state. GasBuddy has again activated its emergency tracker for California, and this event is unlikely to impact gas prices, so long as refineries don't lose power. Across the rest of the country, the Great Lakes states saw prices fall far faster than wholesale prices, and a correction is likely in the region. With that exception, the nation should see a fourth straight week of decline with over three-quarters of stations passing along lower prices in the coming week."