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Local Las Vegas Valley breaking news from Nevada's most reliable source. Read about the latest updates happening in your region at Las Vegas Review-Journal.

Have gas prices already peaked for the summer?

“While it’s possible we could go higher later this summer … it appears the odds that the national average will miss the $4 per gallon mark are rising,” analyst Patrick De Haan said in a statement.

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How Nevada gas prices have changed in the last week

The Organization of the Petroleum Exporting Countries shocked markets this week when it announced it would cut back oil production. This move will likely impact Americans’ wallets as they fill up their gas tanks in the coming weeks.