Las Vegas Gas Prices on the Rise - 8 News NOW

Las Vegas Gas Prices on the Rise

Posted: Updated:

LAS VEGAS - Gas prices are on the rise, and experts say prices will continue to increase as summer approaches. Gas prices have gone up 10 cents since last month.

Several factors are contributing to the increase. This is the time of year when refineries begin producing summer gasoline, which is more expensive.

Political unrest in oil producing countries is also playing a role. Protests in Venezuela, for example, are growing. Travel experts say there is concern the political turmoil could disrupt production and limit supply.

"Anytime there is even any remote possibility that there may be a cutback in supply, we as consumers start to feel a pinch at the pump, which means we begin to see prices go up," said Cynthia Harris, AAA spokesperson. "That's exactly what we're experiencing right now."

The average price for a gallon of regular unleaded in Las Vegas is $3.33. That's approximately $0.45 cents lower than last year. The national average is $3.40 per gallon.

In addition to increasing fuel prices, Nevada drivers are paying three cents more per gallon because of a fuel tax that took effect January 1.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.