Secretary of Energy discusses pain at the pump in southern Nevada

LAS VEGAS (KLAS) — Fuel costs are nonetheless sky excessive throughout the nation, they usually’re particularly excessive in Nevada.

In line with AAA, southern Nevada residents are paying a mean of $5.15 for a gallon of standard gasoline.

Secretary of Vitality Jennifer Granholm was on the town touring new hydrogen plant Air Liquide, and eight Information Now requested her when the ache on the pump will cease.

Secretary Granholm stated aid is coming, and that Individuals ought to anticipate costs on the pump to roll again very quickly because the Biden administration continues to work to stabilize the market.

She stated transportation of gasoline is one factor that’s retaining Nevada gasoline costs excessive.

“The transportation of the gasoline is dear,” she stated. “You could have a collection of gasoline taxes primarily as a result of you aren’t adjoining to a refinery.”

Granholm stated total, these hovering costs are additionally as a consequence of Russia’s assault on Ukraine, which pulled Russian oil off the market.

She stated the U.S. and Canada are pulling again on the usage of oil to keep away from financing the assaults, which signifies that provide is decrease and prices are up.

Granholm added that President Biden can be utilizing our personal provides.

“He’s additionally releasing the largest instrument that we now have, 180 million barrels from our strategic petroleum reserves,” she stated. “That may be a million barrels a day for the following six months.”

It’s unclear, nevertheless, simply how a lot costs will drop. As tens of millions of drivers get able to hit the highway throughout the summer time season, Granholm reiterated the significance of unpolluted power and changing into self-sufficient.

“The most effective answer to get us off fossil fuels is to do issues like what we now have right here at Air Liquide,” she stated. “Hydrogen to have clear transportation and use electrical energy from batteries to affect our autos.”

The secretary added that the nation can be transferring in a clear power route by means of Biden’s approval for extra ethanol to be blended into gasoline, so there will likely be much less reliance on crude oil and extra reliance on ethanol.