Gas Prices Continue To Drop In Nevada

Gas Prices
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Gasoline prices dropped as much as a quarter per gallon in some parts of Nevada over the past month, but still remain well above the norm for this time of year, AAA Nevada said Wednesday.

The price for a gallon of self-serve regular fell 18 cents from a month ago to a statewide average this week of $1.74, AAA Nevada said.

That's about a quarter more per gallon than Nevada motorists were paying a year ago at this time. On the bright side, it's down from the $2 a gallon being charged in Reno last month and the record $2.16 at Reno pumps in August, AAA spokeswoman Lisa Foster said.

"Nevadans were somewhat shocked by the rapid and extreme jump in gas prices at the end of summer, but average prices across the state have dropped considerably," Foster said Wednesday.

Prices are down due to solid production at California refineries and a typical drop in demand this time of year, she said.

"Nevadans may see prices continue to fall, but they will drop more slowly over the next few weeks," she said.

The most expensive gas is still in northern Nevada, with Reno averaging $1.76, down 24 cents from September, and Sparks at $1.73, down 26 cents.

The cheapest gas is in Elko, $1.63, down 22 cents from a month ago. Las Vegas prices dropped 18 cents to $1.71 and Carson City reported $1.68, down 23 cents.

The national average is $1.57, down from $1.69 in mid-September.