Gas Price Hike Hits Omaha - FOX 42: Omaha News, Sports and Weather; |

Gas Price Hike Hits Omaha

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OMAHA (KPTM)- Since January, gas prices in Omaha have gone up 24 cents.

Nationally, gas prices have risen because of bitter cold temperatures, refineries shutting down for inspections, and high demand.

"We've seen an increase-we are paying about average when it comes to other states. We are paying much less than what we did about a year ago," said Rose White with AAA.

White said oil refineries shut down this time of year for inspections and cold weather. This often causes a hike in prices as demand increases and supply decreases.

"With the bitterly cold temperatures we've seen across the Midwest –even the east coast area-that's curbed production a bit," said White.

White said the United States is starting to produce more oil and import less than in the past, which will soften the blow of the price increases.

"Crude oil prices rising over the last couple of months that's basically driven the prices higher and so we can expect to see that," said White.

White said prices of crude oil are on the higher end of the spectrum, and even though Nebraska uses more ethanol, the price of gas will still increase.

"It's going to be a roller coaster ride which typically is in this type of market," said White.

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