Gasoline prices in Nebraska and Iowa continue to move downward from a month ago, AAA Nebraska reported Tuesday.
The Nebraska average price for a gallon of unleaded regular was $3.60, equal to the national average. Iowa’s average Tuesday was $3.64 a gallon.
Some of the lowest fuel prices in Nebraska can be found in the Omaha area, where unleaded regular averaged $3.44 a gallon Tuesday. Some locations in the metropolitan area were selling unleaded for $3.39 a gallon.
AAA’s Rose White said she was unsure which locations in the Omaha area were selling for the lowest prices.
“Prices are changing daily, so it is too difficult to say,’’ White said. “I have seen prices as low as $3.24 for E10 ethanol blends. Some stations may offer it for a few cents lower.’’
Nebraska’s fuel price average a month ago was $4.01 per gallon, among the highest in the nation. Omaha’s average price per gallon for regular unleaded a month ago was $4.09, and Iowa’s price was $4 a gallon.
Average regular unleaded prices for a week ago: Nebraska, $3.68; Omaha, $3.57; and Iowa, $3.72.
“With so many variables impacting prices, it’s too difficult to predict with certainty how low prices will go,’’ White said.
The high prices in May were driven by maintenance issues at a handful of oil refineries that serve the Midwest.
The demand for gasoline has not changed, but supply concerns have diminished as a result of additional supplies arriving from the Gulf Coast states, combined with the Joliet, Ill., refinery coming back online, White said.
An increase in supply levels also is helping to push prices lower, she said.
Last week, White said, the Energy Information Administration reported that processed fuel supplies were up about 8 percent compared to a year ago.
The savings in fuel costs should provide vacationing families with a few more dollars to spend on leisure activities.
“Today, with fuel approximately 70 cents lower, motorists are paying nearly $10 less to fill a 15-gallon tank,’’ White said.