Prepare for Pricier Fill-ups in the Coming Months, Warn Analysts
Gas prices have continued to rise in Nebraska over thepast week and analysts warn that the worst is likely still to come.
The average price for a gallon is now 8.8 cents higherthan it stood last week, ringing in at $3.35 per gallon on Sunday.
The national average is also on the increase with pricesup 5 cents per gallon from the week before. Nebraska continued to ring up underthe national average of $3.40/g, according to gasoline price website GasBuddy.com.
Despite the rise in cost in Nebraska during the pastweek, prices on Sunday were 39.2 cents per gallon lower than the same day oneyear ago but they are 20.9 cents per gallon higher than just one month ago.
In turn the national average has increased 12.5 cents pergallon during the last month and stands 32.6 cents per gallon lower than thisday one year ago.
"The rate of increase in the national average hasaccelerated over the last week, and the worst is likely yet to come," saidGasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
"Oil prices continue to move higher as refineriescontinue their maintenance season, leading to a double whammy at the gasstation. In addition, in another month we'll also start seeing refineriesproducing more expensive, cleaner burning summer gasoline, and that will likelykeep upward pressure on retail gasoline prices," he said.
"Just a handful of stations across the nation are seeinga price under $3/gallon, and a few weeks from today, motorists along the WestCoast with perhaps a few other states will be wishing for those current $3prices," DeHaan said.