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?
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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.
Long lines are being reported at Costco stores in Las Vegas and Southern California as people seek cheaper gasoline.
This week, the average price for a gallon of regular gas in Nevada crept up over $4 per gallon, for an average of $4.02 statewide, the highest the state has seen since 2014.