Nevada gasoline prices continue sliding lower

Average retail gasoline pump prices dropped nearly another nickel in Nevada during the past week, according to a survey released Monday.

The state’s average cost dropped 4.6 cents to hit $2.71 per gallon in the survey done by GasBuddy.com through Sunday, which compared with a 1.1 cents per gallon drop nationally to $2.18 a gallon. In Nevada, the website’s survey included 1,130 gasoline outlets.

In Carson City, the 25 stations for which GasBuddy.com posted prices on Monday showed a range from a low of $2.15 per gallon to a high of $2.59 per gallon.

In other words, all of Carson City’s price points on Monday were well below the state average on the previous day, while the community’s lowest price point at three stations on Monday was three cents a gallon below Sunday’s national average.

“The gas price slide across much of the nation has continued for the third straight week,” said Will Speer, a petroleum analyst for the website. He said improving refinery rates paired with a cost for crude oil under $50 a barrel “will keep downward pressure on gas prices through November.”