Good news for summer travelers
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Gas prices are falling in Las Vegas. Just in time for summer. Video by ktnv.com
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Las Vegas, NV (KTNV) -- There is finally some good news when it comes to gas prices for people who are looking to travel by car this summer.
Prices are down and according to AAA, they will continue to fall.
This week is the 11th straight week that gas prices have fallen and AAA says that should continue as long as oil inventories remain high and consumer demand is low.
It has been an unusual pattern this year -- rising prices during the spring and a drop in the summer.
Experts say the price of crude oil is currently at its lowest since October of last year and they are predicting gas will be at $3 a gallon or less by this Thanksgiving.
According to GasBuddy.com, the average gas price in Las Vegas today is $3.53. One year ago on the same day it was $3.53.
The national average is $3.43. One year ago, it was $3.58.
With the Fourth of July coming up, AAA is predicting that travelers will be taking advantage of the lower gas prices and hit the roads.
And Las Vegas is definitely expecting to benefit from that. Travelocity recently said that Las Vegas is the second most popular destination for Fourth of July travelers.
New York City is number one, Orlando is number three, Los Angeles came in at number four, and Denver was the most fifth most popular destination.
Nationwide, more than 42 million Americans are expected to travel at least 50 miles for the Fourth of July.
Las Vegas also has some of the least expensive hotel rooms in the country for Fourth of July travelers. Orbitz.com is currently listing hotel rooms as low as $99 per night.
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