Gasoline prices in the United States have been on a roller coaster in recent months. Following a steady rise from 2016 into October 2018, the average weekly regular gas price tumbled roughly 65 cents per gallon from $2.88 to $2.24 by January 2019, the lowest price in two years. Since then, the price rebounded to $2.90 in May, dipped 25 cents by late June and climbed back to just under $2.80 by mid-July, according to the U.S. Energy Information Administration (“EIA”). Despite the summer price bump, the average price remained 3 cents per gallon lower than a year ago.

In comparison, Nevadans are paying about 50 cents more per gallon at $3.30, while gas prices for regular gas in the Las Vegas metropolitan area stood at $3.27, according to AAA. Drivers in the Reno metropolitan area were paying even more with an average price per gallon of $3.46. On average, prices per gallon compared to a year ago were up 5 cents per gallon statewide, 7 cents per gallon in the Las Vegas area and 3 cents per gallon in the Reno area.

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