Gas prices continue to trend upward in town

Gas prices continue to trend upward in town

As gas prices continue to rise in town and throughout Nevada, nationally, prices are also increasing but at a slower rate than the Silver State.

Prices in town rose 6 cents to the lowest advertised cash price for regular unleaded at $2.03, from $1.97 last week. The price is up 55 cents in the last month in town.

Statewide, gasoline prices have risen 9 cents a gallon since last week, rising to an average price of $2.41, according to GasBuddy.com’s daily survey of 1,130 gas outlets in the state.

Prices rose nationwide for the average gallon of gas this week 5.6 cents per gallon to $2.04, according to gasoline price website GasBuddy.com.

Average retail gasoline prices in Nevada have risen 9.0 cents per gallon in the past week, averaging $2.41/g yesterday, according to GasBuddy’s daily survey of 1,130 gas outlets in Nevada. This compares with the national average that has increased 5.6 cents per gallon in the last week to $2.04/g, according to gasoline price website GasBuddy.com.

“The rise in gasoline prices comes as refinery maintenance begins kicking into high gear,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “It’s not a fun time to be filling up as gasoline prices see their typical seasonal rise.”

Despite the price jump, this year’s hike so far has seen average prices remain well below year-ago levels across much of the nation. As crude oil prices fell slightly last week back under $40 per barrel, motorists shouldn’t expect the worst increases to be over just yet.

Including the change in gas prices in Nevada during the past week, prices yesterday were 39.5 cents per gallon lower than the same day one year ago, but are 42.0 cents per gallon higher than a month ago. The national average has increased 29.5 cents per gallon during the last month and stands 38.7 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on March 28 in Nevada have ranged widely over the last five years, but saw the lowest prices this year out of the averages.

The average for a gallon of gas in 2015 was $2.80, $3.56 in 2014, $3.75 in 2013, $3.96 in 2012 and $3.74 in 2011.