From Deseret News archives:

High gas prices put a crimp on Utahns' summer

Many residents say that they're driving less or more slowly

Published: Friday, May 23, 2008 12:02 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
To cope with the rising costs, 22 percent of Utahns in the survey said they are using credit cards more to pay for gas. Among that group of 134 Utahns, 85 percent said they were "definitely" or "probably" able to pay off their credit-card balances for fuel each month. The margin of error for that group was 8.5 percent.

For years, Tenzin Tsering of Salt Lake City paid for gas with cash. Recently, she began using a credit card at the pump, because she doesn't want to carry enough cash to pay for gas and incidentals. Filling her midsize sedan costs about $50.

"I pay off my credit card every month," she said.

Don't be shocked if gas prices continue to increase this summer. While average gas prices in Utah are currently 10 cents lower than the national average, they usually climb above the national average during the summer, AAA Utah spokeswoman Rolayne Fairclough said.

People in the Intermountain West have to travel longer distances to get to nearby cities and landmarks than people in more densely packed parts of the U.S., and they tend to travel more when the weather is warm, she said.

A month ago, a gallon of gas in Utah cost $3.38; a year ago, it was $3.26.

Gas prices are increasing because of the weak dollar, international demand and the prices of commodities on Wall Street, Fairclough said.

Story continues below
"The dollar has lost so much value, prices are raised so they have a comparable value for what they're exchanged for," Fairclough said. "We have the increasing demands from China, India and some of the burgeoning economies that put on a sharp demand worldwide."

Critics blame oil companies for high prices, too, and this week, the Senate Judiciary Committee criticized the record profits of Shell Oil Co., Exxon Mobil Corp., Chevron Corp., BP America Inc. and ConocoPhilips Co., which combined were $36 billion during just the first quarter of this year.


E-mail: lhancock@desnews.com

Recent comments

everyone in the u.s.a should not use gas 4 (1)one week. they will get...

hotbooy | May 28, 2008 at 4:03 p.m.

The solution isn't on the supply side. We use 5 times the average...

lowonoil | May 23, 2008 at 10:25 p.m.

It is very easy and popular to blame the government and Oil companies...

Pass the blame | May 23, 2008 at 7:35 p.m.

previousnext

Latest comments

LDS to emphasize helping needy

I hate to burst your bubble Sherlock but Mormons are Christians.

BYU football: NCAA awards

Why is this article titled BYU Football NCAA awards? when there are no YBU...

BCS did TCU a favor?

The BCS must be eliminated in favor of a traditional playoff before anything...

Pitta doesn't win award

What is this even doing in the Mormon Times. I am suprised there is not a tag...

'Priesthood' explores power of faith

Which "Christian tradition" are you referring to? Certainly not the Roman,...

NYC mayor: 'Too many guns'

Anonymous | 3:24 p.m. Your posting was so humorous. How do you define...

just what we need. more people carrying more guns. expect more tragedies.

Bottom line, it is against the law. What is wrong with someone getting a...

Knitting hearts together

I hope the Smithsonian doesn't read this article.

Gun laws becoming more loose

You are obviously confused with math and stuff. Free your mind of all that...

Advertisements