weather icon Clear

Gas prices hold steady in Pahrump, rise slightly statewide

Although gas prices held steady in Pahrump this week, Nevada is near the top of most expensive gas prices in the nation.

The cheapest advertised retail cash price of gasoline in town on Tuesday was $2.15 per gallon, the same as last week, but in the state gas prices rose 2 cents per gallon to $2.45, according to GasBuddy.com.

Nevada came in at No. 3 on the most expensive gasoline prices list, just behind Hawaii ($2.61) at No. 2 and California ($2.78) at No. 1. The three cheapest states for gasoline in the U.S. were Oklahoma ($1.881) coming in as cheapest at No. 50, Mississippi ($1.884) at No. 49 and South Carolina ($1.885) at No. 48.

“Gasoline prices increased last week in 49 of 50 states, thanks to a sudden jump in the price of crude oil tied to speculation of a change or freeze in oil output at this weekend’s meeting in Doha, Qatar,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “At the conclusion of the talks over the weekend, no decision was made, not at all a surprise given the recent disagreements between major players Saudi Arabia and Iran. The lack of a clear vision to cut or even freeze crude oil production will likely lead to a sharp sell-off in oil markets to start the week as global oil production continues to outpace demand.

“While typically we’re used to seeing gasoline prices racing higher in the spring, the direct impact of this weekend’s meeting could cause gasoline prices this week to reverse temporarily as oil markets react.

The price has risen 67 cents in the past seven weeks in Pahrump, but is still lower than this time last year, as during the same week in 2015 the average gas prices in town were 2.47 a gallon.

The survey group came up with the average through a daily survey of 1,130 gas outlets in Nevada.

The rise in the state was below the national average, which increased 6.9 cents per gallon in the last week to $2.11 per gallon.

Despite the heightened figures, gas prices in Nevada are lower now than the same time last year, as prices this week were 34 cents per gallon lower than the same day in 2015 statewide.

This is despite a 17.1 cents per gallon home in prices over the past month in the state. The national average has increased 13.7 cents per gallon during the last month and is 33.0 cents per gallon lower than this day one year ago.

GasBuddy’s historical data shows gasoline prices per gallon on April 18 in Nevada have ranged vastly over the last five years with $2.79 in 2015, $3.69 in 2014, $3.65 in 2013, $3.96 in 2012 and $3.89 in 2011.

Contact reporter Mick Akers at makers@pvtimes.com.

On Twitter: @mickakers

Don't miss the big stories. Like us on Facebook.
Beatty officials take stance on Greenlink, SUP’s

The Beatty Town Advisory Board took positions on three topics in their May 23 meeting, approving letters stating those positions to be sent to various agencies and officials.

The Source cannabis dispensary aiming for July opening in Pahrump

The Source secured the necessary privilege license from Nye County to allow for the opening of Pahrump’s second pot dispensary and company officials are eagerly anticipating the start of business.

Here’s how you can celebrate Memorial Day in Pahrump

Memorial Day is known as many things in the U.S. and while taking advantage of the three-day weekend and warming weather is a focus for the masses, the true meaning behind the holiday is much more somber.

Tonopah Class of 2022: Grads talk about school in a pandemic and future plans

The Times-Bonanza caught up with some of the graduating seniors from the Tonopah High Class of 2022 to talk about their high school memories, experiences during the pandemic and future plans. Here are excerpts from those interviews.

Balloons are back: Pahrump festival will see a 9th year

The Pahrump Valley Chamber of Commerce’s decision to cancel the 9th Annual Pahrump Balloon Festival earlier this year was a source of much dismay and disappointment for area residents but thanks to the efforts of the Dubin family and Balloons Over Pahrump, the event is now set to make a comeback this fall.

How Pahrump came together to feed veterans at the Rib Extravaganza

Rising to a challenge posed just three days prior to the big event, the Pahrump community came through in a big way for the “Support Our Troops Rib Extravaganza” with combined donations totaling more than $4,000 and hundreds of veterans able to enjoy a hearty lunch at absolutely no cost.