Local News


Pain at the pump getting real in Las Vegas

Pain at the pump getting real in Las Vegas
Posted at 11:43 AM, Apr 16, 2018
and last updated 2018-04-16 15:00:36-04

The cost of gas went up quite a bit over the past week in Las Vegas.

The average gas price is now $3.11 per gallon. That's 7.1 cents more than last week, according to GasBuddy.com.

ncluding the change in gas prices in Las Vegas during the past week, prices yesterday were 44.7 cents per gallon higher than the same day one year ago and are 30.8 cents per gallon higher than a month ago. The national average has increased 17.7 cents per gallon during the last month and stands 30.1 cents per gallon higher than this day one year ago.


According to GasBuddy historical data, gasoline prices on April 16 in Las Vegas have ranged widely over the last five years: $2.66/g in 2017, $2.44/g in 2016, $2.77/g in 2015, $3.62/g in 2014 and $3.63/g in 2013.

Areas near Las Vegas and their current gas price climate:

Nevada: $3.10/g, up 3.3 cents per gallon from last week's $3.07/g.
San Bernardino: $3.49/g, up 2.2 cents per gallon from last week's $3.47/g.
Riverside: $3.51/g, up 3.1 cents per gallon from last week's $3.48/g.

"The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "With the national average gas price now at its highest since July 26, 2015, I can't immediately allay all fears of a continued spike in gas prices, however, we're likely in the closing innings of the seasonal rise- let's just hope we don't go to extra innings. In the past few years, the average date that gas prices have peaked is mid-May, which is just around the corner, and by all metrics, that could be very close to what we expect this time around. Refinery maintenance has gone well thus far, and gasoline supply has continued to push higher as more refiners conclude their work. With the transition to summer gasoline also wrapping up, the reasons gas prices to rise will shrink."