Gas prices inch up in Nevada

Average retail gasoline prices in Nevada have risen 1.3 cents per gallon in the past week, averaging $2.52 per gallon earlier this week, according to GasBuddy’s daily survey of 1,130 gas outlets in Nevada.

This compares with the national average that has increased 2.4 cents per gallon in the last week to $2.3 per gallon.

Including the change in gas prices in Nevada during the past week, prices this week are 71.3 cents per gallon lower than the same day one year ago and are 5.4 cents per gallon higher than a month ago. The national average has increased 16.8 cents per gallon during the last month and stands 41.8 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on June 13 in Nevada have ranged widely over the last five years: $3.23 per gallon in 2015, $3.79 per gallon in 2014, $3.59 per gallon in 2013, $3.78 per gallon in 2012 and $3.71 per gallon in 2011.

In California, the average prices is $2.86 peer gallon, while in Las Vegas, the average price is $2.46 per gallon.

“Gasoline prices have continued a mild run higher across much of the country, though in the Great Lakes, gas prices have been on a tear,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. “In the last month, no one has seen close to the pain exhibited throughout the Midwest. Average gas prices in Michigan are up 50 cents in the last month, followed by Ohio, Indiana, Illinois and Wisconsin, who have seen a jump of over 30 cents in a month, largely at the hands of various refinery woes and insatiable demand for gasoline. However, as kinks are ironed out and production of gasoline ramps up, we expect gasoline prices to cool in the next few weeks in much of the country, barring any unforeseeable events.

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