Thursday saw the average price for a gallon of regular unleaded gasoline in the Las Vegas Valley decline for the second-straight day.
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The average price for a gallon of regular unleaded gasoline in Southern Nevada on Tuesday inched up 1 cent over Monday to $5.36, according to AAA.
Las Vegas gas prices keeping increasing hit new average highs daily over the past two weeks.
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.
The Las Vegas Valley still could hit an average gas price of $5 this week, despite a slowdown in the daily increase.
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.