Las Vegas Sun

April 26, 2024

Nevada gas prices up more than half-dollar from month ago

The days of filling up for $2 per gallon in Nevada may already be well behind us. The state’s average price per gallon climbed to $2.88 Tuesday, up more than $0.53 from a month ago and $0.07 from a week ago, according to a monthly fuel price survey from AAA.

Elko is home to Nevada’s lowest average pump price at $2.47 per gallon, while Sparks is the state’s most expensive at $3.08 per gallon. The cost for a gallon averaged $2.90 per gallon in Las Vegas, $2.89 in North Las Vegas and $2.92 in Henderson.

The state average remains down from a year ago when a gallon of unleaded regular cost $3.31.

Despite strong global supplies and record production levels in the U.S., fuel prices are up in the state due to a combination of seasonal changes in fuel types, maintenance issues at state and regional refineries and a worker’s strike at a Northern California refinery.

AAA Nevada spokeswoman Cynthia Harris said the trend is typical for this time of the year as suppliers begin to make the switch from winter-grade gasoline to more costly summer-grade fuel, which also creates a temporary supply reduction. Still, experts say fuel prices could continue to climb in the weeks ahead before stabilizing and going down again.

The national average for a gallon of gas is $2.45, up $0.01 from a week ago and $0.26 from a month ago but $1.04 lower than the same time last year. California and Hawaii have the highest prices in the country at $3.43 and $3.14 respectively, the only two states to crack $3.

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