Sen. Heller Questions Gas Price Reasoning - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Sen. Heller Questions Gas Price Reasoning

Posted: Updated:
Michael Wolfe
Channel 2 News
 

Gas prices have been rising steadily for the past month and today on the Senate's Energy and Natural Resources Committee, Nevada's Dean Heller questioned Interior Secretary Ken Salazar about how high oil prices would get. "The question I guess we need to ask ourselves is this the direction that this department is going, and are we at some point under your leadership will gas prices get to $10 a gallon?"

Salazar responded that the disaster in the Gulf of Mexico in 2010 caused a significant dip in U.S. production, but that it is ramping up again. He also said the administration is looking at all options to prevent gas prices from getting too high.

According to gasbuddy.com, right now prices are $3.72 on average in Nevada - up almost 14 cents in the past week. And up more than 26 cents in the past month.

Nationwide prices are $3.62 cents on average - also up about the same amount in a month.

Gas prices could reach $5 a gallon in some areas by this summer.

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