Las Vegas Sun

November 18, 2017

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Gas prices expected to drop after February spike

Trips to the gasoline pump are about to become less painful for motorists in the Las Vegas Valley as prices begin to dip in March after a spike in February.

From Feb. 12 to March 12, gas prices increased by more than 37 cents in the valley to more than $3.81 per gallon, compared with just a 10-cent increase nationwide, the AAA Nevada monthly gas survey released Tuesday indicated.

The spike in pump prices stemmed from a combination of oil refinery maintenance and a switch to a summer blend of gasoline, which requires added chemicals to burn properly in warm weather, AAA Nevada spokesman Matt Skryja said. The adjustments caused a perceived strain in supply, driving the prices upward in Nevada.

Now that the maintenance is complete and the gas-switch has been made, Skryja said gas prices are beginning to slowly trend downward. Currently a gallon of gas costs $3.82 in Las Vegas, $3.81 in North Las Vegas and $3.84 in Henderson.

To get the best gas mileage, AAA urges drivers to perform routine maintenance on their vehicles, make sure fluids are clean and belts and hoses are working properly.

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