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.
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