LINCOLN- Nebraska is witnessing the highest gas prices the state has ever seen.
According to AAA, the average price of a gallon of regular unleaded gas hit $4.11 on May 17th, breaking the previous record set in July 2008. Gas in the state is 30 cents more expensive than it was a month ago and $1.22 higher than it was a year ago.
Both the state and local prices for diesel fuel had already set records earlier this month.
Experts say the high gas prices are largely due to the price of oil, which is hovering around $110 a barrel.
βThe high cost of oil, the key ingredient in gasoline, is driving these high pump prices for consumers,β Andrew Gross, an AAA spokesperson, said in a Monday news release.
Gross said that the price is likely to continue increasing, thanks to the switchover to summer fuel blends and the coming summer travel season.
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