Lincoln residents are feeling the pinch at the pump. According to the latest GasBuddy survey, the average price of gasoline in the city has climbed to $3.99 per gallon, up 7.8 cents from just a week ago. The survey, which sampled 146 local stations, also shows prices are now 17.8 cents higher than they were a month earlier and $1.13 higher than a year ago.
Range of prices across the city
The data reveal a notable spread in local pricing. The most expensive station reported a price of $4.59 per gallon, while the cheapest was $3.67 per gallon. For context, the average price in this month of 2021 was $3.14 per gallon, highlighting how much costs have risen over the past five years.
Diesel follows a similar trend
Diesel fuel is not immune to the upward pressure. The national average diesel price rose by 14.3 cents compared with the previous week, reflecting broader market forces that affect both gasoline and diesel.
Factors behind the increase
Patrick De Haan, head of petroleum analysis at GasBuddy, attributes the rise to two dominant global challenges. First, the ongoing closure of the Strait of Hormuz continues to limit crude oil supplies, keeping wholesale prices elevated. Second, repeated attacks on Russian oil refineries—most recently in Ukraine—have disrupted refined product output, further tightening the market.
De Haan notes that while a seasonal shift to a cheaper winter-blend gasoline is expected in the coming weeks, the combined effect of the closed strait and refinery disruptions is likely to keep prices on an upward trajectory for the near term.
What this means for Lincoln motorists
For families and commuters, the higher cost at the pump translates directly into increased household expenses. Many local drivers rely on gasoline for daily travel to work, school, and church, making these price changes a matter of practical concern. While the market may eventually stabilize, the current outlook suggests that drivers should anticipate continued pressure on fuel costs.
Looking ahead
Analysts suggest that any relief will depend on the resolution of the geopolitical issues affecting oil supply. Until the Strait of Hormuz reopens and the conflict in Ukraine eases, the upward pressure on gasoline and diesel prices is expected to persist. Residents are encouraged to monitor local price trends and consider fuel‑saving strategies where possible.
Original reporting: KLKN-TV – News, Weather and Sports for Lincoln, Nebraska — read the source article.
