Gas prices lower than expected
Las Vegas, NV (KTNV) -- The national average price for a gallon of gas has fallen lower than expected, according to a senior petroleum analyst for GasBuddy.com.
"Summer driving season has officially begun with the national average falling far lower than we expected it earlier this year," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "The national average has dropped to a surprising $3.65/gal mark as of today. Had you asked me back in January if the national average would have been that low on Memorial Day, I would likely have chuckled, but it goes to show anything is possible," DeHaan said.
GasBuddy forecast back in January that the national average would peak between $3.75 to $4.15 per gallon. The national average peaked at $3.92 per gallon on April 5, far sooner than many analysts expected it to occur.
The average price in Las Vegas fell 2.2 cents per gallon in the past week. The average was $3.85 on Monday, May 28.
This compares with the national average that fell 3.6 center per gallon to an average of $3.65.
Including the change in gas prices in Las Vegas during the past week, prices yesterday were 12.3 cents per gallon higher than the same day one year ago and are 2.3 cents per gallon lower than a month ago.
The national average has decreased 15.7 cents per gallon during the last month and stands 13.4 cents per gallon lower than this day one year ago.