Global economy, supply, demand affect gas prices

It’s hotter than heck outside and I’m not sure what is worse – having to get out of the car to pump gasoline or the amount we know we’re going to have to pay to fill it up. I can’t do much to explain the weather, except we live in the desert and it’s July. The first question delves into the cost of gasoline.

Guy’s fury is fueled by prices at the pump: I don’t understand why gas prices fluctuate so much in such a short time. It seems like each time a long weekend comes around, the prices go up, then they drop back down. Is there any rhythm or reason to this, or are we just being gouged when it’s known people will be taking road trips?

Well, here we are in the middle of July, when motorists are heading off on vacation and the average price of a gallon of gasoline is actually about 33 cents less than it was a month ago. I understand where you’re coming from, Guy – it does seem like every time you prepare for a long weekend, prices jump. It has a lot to do with the global economy.

This is what AAA had to say about the recent drop in prices: When the world economy weakens, investors shy away from buying crude oil because the demand is lower. What has driven the recent decrease is Europe’s debt issues, a troubling economy in China and “bearish economic data” in the United States, according to Matt Skryja of AAA.

We can expect to see prices rise again as concerns increase about the supply. Skryja said there are a couple of events to keep an eye on. In response to the West’s sanctions on Iranian oil imports, the Iranian government might interfere with distribution of crude oil through the Strait of Hormuz, where a third of the world’s oil is carried by sea. Also workers are on strike at a Norway plant that produces 1.2 million barrels of crude oil a day, according to AAA.

Looking for cheap gasoline? Head to South Carolina, where prices are as low as $2.98 a gallon. Hawaii, of course, is highest at $4.41 per gallon. Our state ranks 14th highest in the nation, according to AAA.

Sam and Symphony: There seems to be some activity near the new Symphony Park. Are you aware of any plans to extend Symphony Park Avenue to downtown?

I haven’t heard of plans to extend the road; that would be an expensive undertaking because the city of Las Vegas would have to build an underpass below the Union Pacific railroad that streaks through the land between The Smith Center for the Performing Arts complex and downtown. There are plans for a link though, Sam. It will require walking, not driving.

The city of Las Vegas will begin construction on a pedestrian bridge between the parking garage at 500 S. Main Street – where the new City Hall is located – and The Smith Center. The city is manufacturing a pre-cast steel bridge that will be slipped into place during the eight-month construction project scheduled to begin next week.

The $4.5 million project also includes a concrete deck, elevators, stairs and landscaping.

Lee wants the lights (so does everybody else in the Sun City Anthem area): What seems like many months ago, you said that the new lights at the intersection of Volunteer and Executive Airport would be working in about two months.  We were just wondering what the latest update might be.

I don’t have much news for you on this, unfortunately, Lee. The city of Henderson really doesn’t know when those signals will be activated because it is dependent on negotiations with a private landowner. I’ve heard from several readers complaining about the bags that cover the signal, saying they have been ravaged so badly by winds that they’re useless.

The city thought it had this resolved after working out a deal that would bring power to the intersection – that is a mostly undeveloped area so it has to lay down the power lines. The property owner agreed to the deal, everybody was thrilled and signals were going to control traffic on those newly improved roads. Then something bad happened – the property owner sold the land and the city was left dealing with an entirely new landowner. And that, Lee, is where we stand.

Joel asks: Any word on when the new flyover linking U.S. Highway 95 and Summerlin Parkway will be finished?

According to the Nevada Department of Transportation, that new high-occupancy vehicle bridge will be open by the end of July. It’s monstrous – 55 feet above the freeway and 730 feet long.

Several readers have brought up concerns about the synchronicity of specific traffic signals around the valley. These are difficult to address because it depends on the time of day – sometimes the sun hits directly on the sensor, throwing it off. Unless it’s a signal completely out of whack, I suggest calling the Freeway and Arterial System of Transportation hotline at 702-432-5300. Engineers will take down specific information and go check it out.

If you have a question, tip or tirade, call Adrienne Packer at 702-387-2904, or send an email to Include your phone number. Also, you can follow her on Twitter @RJ_RoadWarrior.

Educators dressed in red have taken to the streets to demand more for their students.
Educators dressed in red have taken to the streets to demand more for their students. Educators from around the State are bringing the Red for Ed movement to the steps of the Nevada Legislature in Carson City, NV, and to the Grant Sawyer Building in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Nature Conservancy Ranch
The Nature Conservancy just bought the 900-acre 7J Ranch at the headwaters of the Amargosa River, north of Beatty. The property could become a research station, though ranching will continue.
Swift water rescue at Durango Wash in Las Vegas
On Thursday, February 14, 2019, at approximately 8:42 a.m., the Clark County Fire Department responded to a report of a swift water incident where people were trapped in the Durango wash which is located near 8771 Halcon Ave. Personnel found one person who was trapped in the flood channel. The individual was transported to the hospital in stable condition. Video by Clark County Fire & Rescue.
Flooding at E Cheyenne in N. Las Vegas Blvd.
Quick Weather Around the Strip
Rain hits Las Vegas, but that doesn't stop people from heading out to the Strip. (Mat Luschek/Review-Journal)
Aaron Semas, professional bull rider, talks about his traumatic brain injuries
Aaron Semas, professional bull rider, talks about his traumatic brain injuries. The Cleveland Clinic will begin researching the brains of retired bull riders to understand the impact traumatic brain injuries have on cognition. (Bizuayehu Tesfaye/ Las Vegas Review-Journal) @bizutesfaye
Matt Stutzman shoots arrows with his feet
Matt Stutzman who was born without arms shoots arrows with his feet and hits the bullseye with remarkable accuracy. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Secretary of Air Force Emphasizes the Importance of Nellis AFB
US Secretary of the Air Force Heather Wilson visited Nellis Air Force Base during Red Flag training and described how important the base is to the military.
Former Northwest Academy student speaks out
Tanner Reynolds, 13, with his mother Angela McDonald, speaks out on his experience as a former student of Northwest Academy in Amargosa Valley, which includes abuse by staff member Caleb Michael Hill. Hill, 29, was arrested Jan. 29 by the Nye County Sheriff’s Office on suspicion of child abuse.
Former Northwest Academy students speak out
Tristan Groom, 15, and his brother Jade Gaastra, 23, speak out on their experiences as former students of Northwest Academy in Amargosa Valley, which includes abuse by staff and excessive medication.
Disruption At Metro PD OIS Presser
A man claiming to be part of the press refused to leave a press conference at Metro police headquarters, Wednesday January 30, 2019. Officers were forced to physically remove the man. (Mat Luschek/Review-Journal)
Clients at Las Vegas’ Homeless Courtyard talk about their experience
Clients at Las Vegas’ Homeless Courtyard talk about their experience after the city began operating around the clock. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfaye
Las Vegas parts ways with operator of homeless courtyard
Jocelyn Bluitt-Fisher discusses the transition between operators of the homeless courtyard in Las Vegas, Thursday Jan. 24, 2019.(Caroline Brehman/Las Vegas Review-Journal)
Las Vegas police and Raiders partner with SafeNest
Las Vegas police and the Raiders partner with SafeNest on Project Safe 417 (the police code for domestic violence is 417). The program partners trained SafeNest volunteer advocates with Metropolitan Police Department officers dispatched to domestic violence calls, allowing advocates to provide immediate crisis advocacy to victims at the scene of those calls. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
North Las Vegas police chief discusses officer-involved shooting
North Las Vegas police chief Pamela Ojeda held a press conference Thursday, Jan. 24, regarding an officer-involved shooting that took place on Jan. 21. The incident resulted in the killing of suspect Horacio Ruiz-Rodriguez. (Mat Luschek/Las Vegas Review-Journal)
Volunteers gather for annual Clark County homeless count
Volunteers gather for the annual Southern Nevada Homeless Census, Tuesday, Jan. 22, 2019. (Chase Stevens/Las Vegas Review-Journal)
Who can understand hospital price lists?
Lists of costs for procedures, drugs and devices are now posted the websites of hospitals to comply with a new federal rule designed to provide additional consumer transparency. Good luck figuring out what they mean.
People in Mesquite deal with a massive power outage
People in Mesquite respond to a major power outage in the area on Monday, Jan. 21, 2019. (Mat Luschek/Las Vegas Review-Journal)
Group helping stranded motorists during power outage
A group of Good Samaritans are offering free gas to people in need at the Glendale AM/PM, during a massive power outage near Mesquite on Monday, Jan. 21, 2019. (Mat Luschek/Las Vegas Review-Journal)
U.S. Sen. Jacky Rosen falls at Las Vegas parade
U.S. Sen. Jacky Rosen of Nevada fell and injured her wrist at the Martin Luther King Day parade in Las Vegas on Monday, Jan. 21, 2019. (Nathan Asselin/Las Vegas Review-Journal)
Local astronomers host super blood wolf moon viewing
The Las Vegas Astronomical Society paired with the College of Southern Nevada to host a lunar eclipse viewing Sunday night. Known as the super blood wolf moon, the astronomical event won't occur for another 18 years. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
Tate Elementary shows academic progress after categorical funding
Students at Tate Elementary in Las Vegas has benefited from a program to boost education funding in targeted student populations, known as categorical funding. One program called Zoom helps students who have fallen below grade level in reading. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
The third annual Women’s March in Las Vegas
The third annual Women’s March in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @btesfaye
First former felon to work for Nevada Department of Corrections
After his father died, Michael Russell struggled for years with drug addiction. When he finally decided to change for good, he got sober and worked for years to help others. Now he is the first former felon to be hired by the Nevada Department of Corrections. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
Three Square helps TSA workers
Three Square Food Bank donated over 400 care bags to TSA workers affected by the government shutdown Wednesday, filled with food, personal hygiene products and water.
Las Vegas furniture store donates to Clark County firehouses
Walker Furniture donated new mattresses to all 30 Clark County firehouses in the Las Vegas Valley, starting today with Station 22. (Mat Luschek/Las Vegas Review-Journal)
Mount Charleston Gets Heavy Snow, Fog
Mount Charleston saw heavy snow today, and fog in lower elevations as a cold front swept across the Las Vegas Valley. (Benjamin Hager/Las Vegas Review-Journal)
Krystal Whipple arrested in Arizona
Krystal Whipple, charged in the killing of a Las Vegas nail salon manager over a $35 manicure, is expected to return to Nevada to face a murder charge.
Holocaust survivor on acceptance
Holocaust survivor Celina Karp Biniaz, who was the youngest person on Schindler’s List, talks about the most important message for people to understand from her life and experiences.
Holocaust survivor speaks about telling her story
Holocaust survivor Celina Karp Biniaz, who was the youngest person on Schindler’s List, tells of opening up about her experiences during Sunday’s event at Temple Sinai.
News Headlines
Home Front Page Footer Listing