Photo by George Lauby
Price, 8:25 p.m. May 14.
The price of gas is rocketing upward in North Platte and elsewhere, but motorists were stunned to see the price of $3.99 a gallon Tuesday evening at a U-Fillem at Francis and Dewey. That price -- 30 cents a gallon above most places in town -- was posted overnight and on Wednesday, but by Wednesday evening it had dropped to $3.67 a gallon.
The average price in Nebraska was $3.35 a gallon just three weeks ago. Statewide, the price has jumped 35 cents a gallon in three weeks, according to historical charts at gasbuddy.com.
At other stations near the center of town Tuesday, gas sold for $3.69 a gallon at Kwik Stops and Casey’s stores – near the state average.
That was a 10-cent-a-gallon increase at Casey’s, compared to Sunday and Monday.
On Wednesday, Casey's raised their prices another dime, to $3.79 a gallon.
The volatile price of gas seems to move up and down regardless of the price of crude oil, the basic ingredient from which gasoline is distilled.
In early January, gas dipped to near $3.10 in North Platte, when the price of a gallon of crude oil was $93 a barrel on the New York Mercantile Exchange.
As gas knocks on $4 a gallon, the price of crude is basically the same -- $96 a barrel on May 10.