For the first time in almost 10 months, the average price for regular unleaded fuel in the Las Vegas Valley dipped below $4 per gallon.
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Las Vegas gas prices have hit record highs each day this week. Nevada’s statewide average is at $5.64 per gallon Saturday, also a record high.
Tuesday’s average price in Las Vegas is 3 cents above Monday’s price, 21 cents above last week’s price and 31 cents higher than a month ago, according to AAA data.
The average cost of a gallon of regular unleaded fuel in the Las Vegas Valley Wednesday was $5.04 per gallon and $5 in Nevada.
In the past month, prices for regular unleaded gasoline in Las Vegas have jumped $1.06 per gallon and have surpassed the previous all-time high that stood since 2008.
Nevada’s statewide average gas price set an all-time high Wednesday at $4.77 a gallon. So why have prices risen so quickly? And why does Nevada have some of the highest prices in the nation?
As of Monday, the average cost of regular unleaded gas in Las Vegas was $4.60 per gallon, setting a new record. Gas prices in the Las Vegas Valley have jumped 60 cents in the past week.
Gas prices hit an all-time high in Las Vegas on Friday after a 17-cent price spike overnight, according to AAA data.
The average price of regular unleaded gasoline in Las Vegas surpassed the $4 per gallon mark over the weekend.