LAS VEGAS -- Gas prices continue to drop. According to AAA, a year ago today, the average price for a regular unleaded in Nevada was $3.27. Last month prices dropped to $3.05 and now they are around $2.68.
One economist says this will also help our local economy in general, especially when it comes to creating new jobs. It's always a good feeling when you pull up to a gas station and see that prices are lower than the week before.
A new report shows the trend will likely continue and the good news is spreading beyond the pump.
"My pockets are going to be happy," said LaTonya Andrews, a driver.
UNLV economics professor Dr. Stephen Brown says the lower gas prices will be sticking around for now.
"I don't see us returning to $4 gasoline anytime soon."
He says a recent increase in global oil production is a big reason for the price drop in the U.S.