Las Vegas Sun

July 7, 2015

Currently: 99° — Complete forecast | Log in | Create an account

Nevada gas prices drop 11 cents in a month

Gas prices in Nevada fell over the past month, with the average price of a gallon of regular gas now at $3.60 in the state, according to AAA.

Today’s average price is 11 cents lower than the price from last month’s report, but is still up 72 cents from this time last year, the auto club said.

The Silver State now has the ninth-highest average price in the continental United States.

Prices fell nationally even more, with the country’s average price now at $3.40, a 24-cent decrease from last month but up 59 cents from a year ago.

Fuel prices in Southern Nevada remain slightly lower than in the northern part of the state.

The average price in Las Vegas is $3.54, a 12-cent decrease from last month; in North Las Vegas the average is $3.56, a 10-cent drop; and in Henderson it’s $3.57, an 11-cent decrease.

The average price fell 13 cents this month in Reno, where it is now $3.68, and Sparks, now at $3.70. Carson City’s average price is $3.55, a 17-cent drop, and Elko’s average is $3.82, a 3-cent decrease.

AAA said the price decreases might be slowing as demand increases.

“Increased demand for gasoline and oil has helped to stall out recent price drops at the pump,” said AAA spokesman Matt Skryja. “In addition to demand, positive jobs numbers in the U.S., optimism about correcting debt issues in Europe, and a weaker U.S. dollar have all helped to bring a slow halt to dropping prices. As economies do better, or appear to do better, that typically drives up oil and gas prices as investors buy more of these commodities in anticipation of increasing demand.”

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy

Previous Discussion: 3 comments so far…

Comments are moderated by Las Vegas Sun editors. Our goal is not to limit the discussion, but rather to elevate it. Comments should be relevant and contain no abusive language. Comments that are off-topic, vulgar, profane or include personal attacks will be removed. Full comments policy. Additionally, we now display comments from trusted commenters by default. Those wishing to become a trusted commenter need to verify their identity or sign in with Facebook Connect to tie their Facebook account to their Las Vegas Sun account. For more on this change, read our story about how it works and why we did it.

Only trusted comments are displayed on this page. Untrusted comments have expired from this story.

  1. Something doesn't add up: The price of oil is down a full 20 percent, but gas goes down only nine percent. Who is keeping the extra profit margin? There is $2.99 gas today in many other states...why not here?

  2. as Jeff points out something is not adding up --- well beyond the Koch Brothers, et al putting selves before country.

    but whatever it takes to rid us of Obama, right?

    when will the people get representation again?

  3. When gas was over $4 a gallon, that was because of Wall St speculators and there was no reason for it to have gotten that high. It is going down now, but not at the rate that it should have been going down. If we saw gas under $3 a gal here in Illinois, we'd be dancing in the street!!! Even our neighbor to the west, Iowa, the prices haven't gotten that low yet. Gas in the Chicago area is lower then it is out where I live and the gas is formulated differently for the Chicago area - ie usually costs a lot more than the average.

    And Jeff: As far as who is keeping that profit margin - you can't figure it out?