Gasoline prices likely on upswing
Utah's average is 2¢ higher than month ago
AAA Utah said Tuesday that Utah's average gasoline price was $1.63 per gallon, 2 cents more than a month ago, putting a halt to monthly price decreases dating back to July.
The organization described the increase of nearly 20 cents since Christmas as "very troubling." In late December, the average price per gallon dipped to $1.45.
"The commodity market is just so incredibly volatile, and it seems to react to many forces you wouldn't even think would impact it," said AAA Utah spokeswoman Rolayne Fairclough.
"Right now, from what we know, we have healthy inventories and demand is down. Even though OPEC cut production levels after a brief foray at the high $40 level ... we're seeing low oil prices, low demand and high inventory, so we should be seeing lower prices right now," she said. "We also know that the producers will be limiting production to try to match the inventory more with the demand."
The result of those factors could be higher prices in the spring, augmented by the weather growing more conducive to driving.
Demand, however, appears to have leveled. "All of those habits that people put into place this summer to try to control the costs are still in place. People are maybe not so concerned about the price of gas, but they're still concerned about their personal budgets, so they're trying to be very frugal," she said.
AAA Utah surveys a handful of communities across the state. Individual gas stations sell fuel at higher and lower prices. AAA's report focuses on self-serve regular gas without regard to octane level.
Salt Lake City and Provo both had average prices of $1.60 on Tuesday, up 5 cents from last month. Vernal had the highest price, $1.70, down a dime. Moab's price fell 31 cents to $1.58. Ogden's average of $1.59 was up 7 cents. A gallon in St. George averages $1.61, down 4 cents. Logan saw an 8-cent drop to $1.63.
Surrounding states have varied prices. Wyoming's average is $1.46, down 14 cents, while Montana's slipped 18 cents to $1.49. On the other end of prices, Nevada motorists are paying $1.93, or 9 cents more than last month, while those in Arizona are forking over $1.74, the same as last month. The average in California is $2.01, or 21 cents higher.
Utahns still pay less than the national average, which was $1.79 on Tuesday, down 9 cents since December and down $1.28 from a year ago.
"In the short term, we are seeing prices going up, but not necessarily all over," Fairclough said. "People should really be aggressive in shopping for the lowest prices, because they are around. I was at an intersection, and at one corner, the price was $1.45, and across the street, it was $1.60. It's not always that blatant, but there are deals around, and people should look for the lowest price that they can get."
AAA's Gas Price Finder, with real-time information about prices at more than 85,000 stations in the country, is at www.aaa.com/gasprices.
E-mail: bwallace@desnews.com
Recent comments
Obama has fed this kind of corruption.....with futures falling only...
LIBERALS | Jan. 14, 2009 at 4:40 p.m.
No they won't.
That's what Bammy voters want. High energy costs
and...
To KM@12:29 | Jan. 14, 2009 at 12:48 p.m.
All you numbskulls screaming for alternative fuels ever stop for one...
Alternative fuels | Jan. 14, 2009 at 11:16 a.m.
- Snowstorm hits Utah; 1 dead 1:11 p.m.
- GameDay in Fort Worth 1:10 p.m.
- NASA sets Monday shuttle launch 11:53 a.m.
- WVC robberies investigated 11:41 a.m.
- Funeral today for Utah soldier 11:16 a.m.
- Vaccination clinic set in St. George 11:15 a.m.
- $47B in suspect Medicare claims 11:11 a.m.
- 3 dead in Reno helicopter crash 11:02 a.m.
- Galaxy headed to MLS Cup 10:45 a.m.
- Veteran climber dies in Himalayas 10:36 a.m.
- Attack meant to kill apostle
- Short-handed Jazz fly past Sixers
- Can BYU root for (ick) Utah Utes?
- D-Will home for daughter
- Man killed during 3rd I-15 crash
- Bench proves fruitful for Y.
- Williams leaves, won't play tonight
- Utes excited for 'dream' game
- Born of water and the spirit
- Trial begins in toddler death
- SLC council OKs gay rights policies
351 - Editorial: Mormons and gay rights
199 - Senators want food tax restored
162 - Will state consider gay rights law?
146 - Letters: Strange breed in Utah
129 - Utes remain silent about BCS
120 - Can BYU root for (ick) Utah Utes?
117 - S.L. vote pending on gay protections
113 - Celtics crush Jazz
104 - Pratt pleads not guilty to sex charges
103
If you are looking for a bird on the cheap, the following specials from...
Maybe someone out there can help me understand how raising the state...
How about a new phrase? The Jazz beat the 76ers using their M&M attack.
Re: Dog owners... | 6:14 p.m. Nov. 13, 2009 While I would agree that it...
Awful. You could fast forward several times and still miss little. ...
typical conservative rants by the letter writer and posters lots of name...
Why would anyone believe Sarah Palin when our president is so honest. Hard to...
Those that have the attitude of, "Try being a caregiver for __ years", really...
the [problem with with fox news is that they begged for months for the white...
hang in there D-Will. Take your time we love ya.
Only $47 billion? Sounds like your ordinary little stimulus program to me.
the letter writer seems to be suffering from the same condition that most...

