From Deseret News archives:
Gasoline prices driven by market
Some comments attributed to the Department of Commerce alleging "wholesale disregard for any requests for information" on the part of Utah's refining industry were disappointing and inaccurate. Contrary to insinuations of lack of cooperation, the Utah Petroleum Association and its member companies have cooperated with the department's inquiry to the fullest extent possible within the boundaries of antitrust considerations and have consistently indicated a willingness to participate in further discussions.
As to the issue of Utah's gasoline prices over the past two months, market conditions primarily determine the prices of fuel and other commodities. Basic principles of supply and demand apply as much to the petroleum industry as to others.
Historically, refineries here have been able to produce fuels at costs in line with surrounding areas and the nation as a whole, sometimes above those averages but most often below, directly benefiting Utah consumers. For example, Utah fuel prices last spring were the lowest in the nation for many weeks, according to published reports; recently, market forces have tipped the scales so that Utah fuel prices have been on the high end.
Comments
- 'Saddam Channel' hits Iraq TV 10:36 a.m.
- Russia sends pact draft to leaders 10:30 a.m.
- Nat'l parks seek share of profits 10:24 a.m.
- UNLV refutes comeback 10:23 a.m.
- UVU romps to big win 10:22 a.m.
- BYU, Utah game highlights 10:20 a.m.
- Zimbabwe PM welcomes intervention 10:12 a.m.
- France, Rwanda agree to restore ties 10:06 a.m.
- Iran okays 10 enrichment sites 9:57 a.m.
- UAE to back banks amid meltdown 9:48 a.m.
- Hall mouths off about hate of Utah
- Cougars beat Utes in overtime
- Cave to be sealed with body inside
- BYU is champion of the state
- Credit Coug defense for win
- Cougar defense rose to occasion
- Field goals, penalties doomed Utes
- Jones' joy for life remembered
- Predicting the unpredictable: BYU wins
- Man trapped in Nutty Putty cave dies
- Cougars beat Utes in overtime
418 - Hall mouths off about hate of Utah
284 - Thunder rolls by Jazz
136 - Cave to be sealed with body inside
115 - Man trapped in Nutty Putty cave dies
115 - Editorial: Poor welcome for Palin
113 - Rivalry Week is highly profane
89 - Hall's legacy measured today
75 - Y. focused on 10-win season
73 - Letters: C02 causes warming
72
I'm a 25-year BYU fan. Great game to watch - it was close to the very last...
Where was her NCO beforehand? In my opinion a good NCO would have looked...
Enough said.
there's the rub.
Traditional views are changing. Marriage syno is Joined. It doesn't mean...
Utah 2 BYU 0 (zero, zip, nil) And yes, Utah fans can still talk BCS since...
Memo to Ute Fans: Admit it. You hate BYU, and we hate you all too. Someone...
Utah 2 BYU 0 (zero, zip, nil) And yes, Utah fans can still talk BCS...
legalizing marriage for the gays will end up being a plague upon them. Old...
2 more paragraphs and you would have made it. An entire piece without some...


You can be the first to comment on this story.