780 AM | 96.1 FM 


(907) 443-5221

Prices at the Gas Pumps in Nome Down to Reflect Earlier Coronavirus Market

Bonanza Express on Bering Street in Nome. Gas prices dropped $1 earlier this week. Photo from Emily Hofstaedter, KNOM (August, 2020)

There’s been at least one bright spot during a mostly rainy week in Nome – local fuel prices have dropped by more than a dollar.

For instance, a motorist in Nome can now fuel up at either of the two local gas stations for less than $4 a gallon. On Friday, gas dropped to as low as $3.69 at one location.

“We [Bonanza] purchased our fuel back in May when the world oil markets were in a bit of turmoil and prices were pretty low and we got some attractive pricing.”

– Scot Henderson

That’s Scot Henderson, CEO of Bonanza Fuel, explaining why Nome consumers are finally getting the benefit of lower fuel prices that other Americans were experiencing months earlier.

When the coronavirus pandemic began, the price of crude oil plummeted. They’ve already started to bounce back as the oil industry begins to recover, but according to Henderson fuel prices shouldn’t rise for a while in Nome. 

“One of the advantages that we have here is because we purchase our fuel basically a year at a time or longer, Nome is going to benefit from these prices for a much longer timeframe.”

This year however, Henderson explains that Bonanza Fuel only had their fuel deliveries scheduled for July, so it’s taken some time for those savings to get passed on to local consumers. 

“We’re excited, it’s nice to be able to provide lower energy costs for the community. It’s timely that because of COVID-19 a lot of businesses and households have been under a lot of financial stress. So we’re hoping that providing lower prices to the community will help Nome and its residents and businesses to recover from the devastating impacts of the pandemic.”

The lowered prices will also extend to heating fuel too. But, Henderson says Bonanza isn’t expecting more deliveries this year.

In addition, as one of their business partners, Henderson says the City of Nome should also see a decrease in prices by about a dollar a gallon.

Image at Top: Gas prices dropped by over $1 earlier this week, as shown Bonanza Express on Bering Street in Nome. Photo from Emily Hofstaedter, KNOM (August, 2020)

Did you enjoy this News story?

Consider supporting our work by becoming a one-time or recurring donor.

Share this story


Recent Posts

Open Comment Period Opens for Boulder Creek Uranium Property

The Alaska Department of Natural Resources (DNR) has announced an open comment period for the Boulder Creek property located north of Elim. The call for public comment will give proponents and opponents an opportunity to voice their opinions on the project before a decision on granting a permit is made. 

Read More »

Tony Matson Celebrates 40 Years with Bering Air

Employees stood scattered throughout the H1 hangar of Bering Air’s Nome headquarters. All eyes were on Tony Matson as he descended down a dark stairwell. Applause echoed against the walls of the large facility as it was announced that July 12, 2024 was Matson’s 40th anniversary with the regional airline. 

Read More »

Family, Friends Gather to Celebrate Life of Richard Beneville

Rain dribbled as family and friends of the late Mayor of Nome Richard Beneville gathered around a white cross bearing an inscription of his name and signature catch phrase “Hello Central!”. At the base of the cross purple velvet was draped over a freshly placed headstone.  Richard Beneville’s niece, Susan

Read More »

July 11: Rick Thoman’s Climate Highlight for Western Alaska

The following is a transcript from Rick Thoman’s weekly “Climate Highlight for Western Alaska” provided to KNOM Radio. Thoman is a Climate Specialist with the Alaska Center for Climate Assessment and Policy at the University of Alaska Fairbanks. Nome is off to by far the wettest start of any July

Read More »



Work for Us:




(907) 443-5221 


(907) 868-1200 

Land Acknowledgement

We acknowledge that KNOM Radio Mission is located on the customary lands of Indigenous peoples. 

Based in the Bering Strait region, KNOM broadcasts throughout the homelands of the Iñupiaq, Siberian Yup’ik, Cup’ik and Yup’ik peoples.