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Since o'tax'n spend / o'cap'n trade has been in office, gasoline prices have, on average, doubled from $1.79/gal. to $3.91+/gal. nationally.
In the last month alone gasoline prices averaged a 6.8% per gallon increase.
Gas Prices Double Under Obama
March 31, 2011, By James S. Robbins, Washington Times
March 31, 2011, By James S. Robbins, Washington Times
You figure, for yourself: in terms of your wallet/purse dollars ...right now!
"..under my plan, energy prices will necessarily skyrocket!" -- o'Déjà VuCurrent price of gas/gal @ price per/barrel crude=$113.00 which equals:
$4.25/gal of gas (local)
Prediction: Low = $152/bbl of crude equals:
$ 5.24/gal gas.
Prediction: High = $182/bbl = $1.73/gal gas more than today will equal:
$5.98/gal gas!
Nebraska Gasoline and Diesel Prices
Motor Gasoline
For the week of April 18, 2011, Nebraska's average gasoline price rose 1 cent from the last report to $3.84, which was 95 cents higher than the price at this time last year. Weekly averages in the surveyed cities ranged from $3.81 in Omaha to $3.89 in Lincoln. As of April 15, total inventory of all grades of gasoline in the Midwest region was below the normal range.
Diesel Fuel
The average price of diesel fuel in the state had increased 3 cents from the last report to $4.09. According to the weekly price report, this week's state average was $1.03 higher than the price at this time last year. Weekly averages in the surveyed cities ranged from $4.05 in Norfolk to $4.12 in Kearney. On the supply side, the Midwest distillate fuel inventory level was in the normal range with 27 million barrels of ultra-low sulfur diesel fuel and 1.5 million barrels of low sulfur diesel fuel as of April 15.
Notes
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. Ultra-low sulfur diesel fuel has sulfur levels of 15 ppm and less while low sulfur diesel fuel ranges from more-than-15 ppm to 500 ppm sulfur.
An archive of this report, average gasoline prices for each month, average diesel prices for each month, and historical weekly prices are available for diesel and three grades of motor gasoline.
A general rule of thumb: A dollar increase in the West Texas Intermediate (WTI) crude oil price per barrel will result in a 2.5-cent increase in the gasoline price per gallon and the diesel fuel price per gallon. Likewise, a dollar decrease in the WTI crude oil price per barrel will result in a 2.5-cent decrease in the gasoline price per gallon and the diesel fuel price per gallon.
A general rule of thumb: A dollar increase in the West Texas Intermediate (WTI) crude oil price per barrel will result in a 2.5-cent increase in the gasoline price per gallon and the diesel fuel price per gallon. Likewise, a dollar decrease in the WTI crude oil price per barrel will result in a 2.5-cent decrease in the gasoline price per gallon and the diesel fuel price per gallon.
| Columbus | Grand Island | Kearney | Lincoln | Norfolk | North Platte | Omaha | State | |
|---|---|---|---|---|---|---|---|---|
| Notes:The average may not equal the average of the components due to independent rounding. NA = Not Available. | ||||||||
| Weekly Average | $3.86 | $3.84 | $3.87 | $3.89 | $3.84 | $3.84 | $3.81 | $3.84 |
| Columbus | Grand Island | Kearney | Lincoln | Norfolk | North Platte | Omaha | State | |
|---|---|---|---|---|---|---|---|---|
| Notes:The average may not equal the average of the components due to independent rounding. NA = Not Available. | ||||||||
| Weekly Average | $4.11 | $4.09 | $4.12 | $4.07 | $4.05 | $4.09 | $4.08 | $4.09 |
Source:Nebraska Energy Office, Lincoln, NE.
This report was updated on April 22, 2011. Typically, there is one week between updates.
bcc'd "red-diaper babies"
(Remember in 'Nov 2012, Vote American)
related, gas prices: http://harrold.org/gas
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