Prices down again at the pump

Nevada gasoline pump prices dropped 5.5 cents per gallon on average in the past week, according to a survey released Monday.

The price in the survey of 1,130 retail outlets across the state skidded to $2.76 a gallon in the comparison between Sunday and a week earlier, GasBuddy.com reported. The gas monitoring website said a national survey during the same period put the price on average throughout the country at $2.20 a gallon, down 5.2 cents.

In Carson City on Monday, the price at more than 20 stations ranged from a low of $2.16 to a high of $2.67 per gallon.

The Nevada price average as of Sunday was 45.2 cents per gallon lower than on the same date a year earlier, and it was 18.4 cents per gallon lower than a month earlier.

A petroleum analyst for the website peered into November and saw that more lowering of motor fuels pricing is possible.

“As refineries finish up their planned and in some cases unplanned — notably in the Midwest — rounds of maintenance, gasoline should return to the pumps at very high levels,” said Jeff Pelston of GasBuddy.com. “That, coupled with the lower demand that comes with the fall season, should push November retail prides to fall another 10 to 12 cents.”