Monday, December 1, 2014

Dorchester Gas Prices Some Of Nebraska's Lowest

Dorchester's Farmers Cooperative fueling station is leaving competitors in the dust when it comes to gasoline prices.

As of Monday, Nebraska's average for regular gas was $2.809 a gallon, while Lincoln's was $2.823.

In downtown Dorchester, the price for regular as is $2.72.  If you prefer you gasoline unadulterated with no corn-based alcohol, it will run you $2.90.  (For those of you who use diesel, prices are still high at $3.75 or better, due primarily to the fact diesel competes with heating oil for supply, according to a local expert.)

We have always bragged about Dorchester's lower-than-average cost of living, and here's more proof.

So what's going on with gasoline prices falling well below the $3 mark?

“Oil prices have been demolished in the last 72 hours as OPEC decided against a production cut, which will open the flood gates to even more gas price declines,” said Patrick DeHaan, senior petroleum analyst with “In my decade of watching oil and gasoline prices, I don't think I've seen as steep a decline in a 48 hour time frame as what we saw on Thanksgiving Day and into last Friday as OPEC put off any decrease in production.

"This is perhaps one of the most astonishing weeks in watching crude prices I've ever witnessed, and motorists will likely be giddy at what I see in our gas price crystal ball: a 15-25 cent drop over the next several weeks, bringing the national average down to the $2.50s by Christmas,” he said.

"We'll see at least one station in the nation at $2 by Christmas. And that's not really a prediction at all. That's more like a certainty."

Stock up now, kids.

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