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Comments about ‘Utah gasoline prices are lowest in U.S.’

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Published: Wednesday, Jan. 11 2012 12:00 a.m. MST

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toosmartforyou
Farmington, UT

When the Democrats are in control prices are decent but there are enough shortages you can't assume the roduct will be available.

When the Republicansare are in control there are no shortages but you can't afford gas as the price is too high.

Isn't there some middle ground where this commodity can be viewed as a necessity and sold at a decent price without speculation on oil futures?

Can't we drill on land (not in deep water) and use our own reserves, which are larger than those in the middle east? Can't we have cars run on natural gas for the current price of an automobile and price the ones that run on gasoline an extra $6,000 or so since there are trillions of cubic feet of natural gas available?

Wouldn't a national energy policy be a positive thing for the US Congress to promulgate and pass into law?

Gasoline is anything but a free market in a free country.

Baron Scarpia
Logan, UT

Low gas prices (yeah, like $3 a gallow is low!) make us happy, but as they rise, it gives us more angst and frustration on our wallets. Hawaii's $4 gas is largely due to the nuclear disaster in Japan that has sent oil prices skyrocketing across the Pacific and Hawaii's need to import oil from the Far East makes it very vulnerable to oil price shocks. Note that Hawaii's electricity is also derived from oil as well. Hawaii has only six days of energy stored on the islands at any given time.

Something to consider: As America continues to shift to renewable energy resources, price shocks will become less of an issue. Unlike fossil fuels, wind, solar, hydro, and geothermal are PRICE STABLE energy sources. Come nuclear disasters, freezing temperatures, heat waves, Iranian threats to block shipping lanes... none of that matters to the cost of wind power generated at Spanish Fork or the hydro power at Hoover Dam. Clean, price stable energy is our future!

J-TX
Allen, TX

"Low crude oil prices in Utah"? I don't recall seeing any oil derricks on my multiple trips through Utah. Or any oil refineries.

The reason for the high gas prices is Gas company price fixing, pure and simple. Why else would Texas have $3.25 gas?

I wish the next President would have someone investigate unfair monopolistic behavior among the big oil oligarchy....

FYI
Taylorsville, UT

@J-TX
"I don't recall seeing any oil derricks on my multiple trips through Utah"

Try Duchesne and Uintah counties

"Or any oil refineries."

You obviously don't get north of Salt Lake on your multiple trips through Salt Lake. Granted they are small, but they are there, right off I-15 in North Salt Lake.

DSB
Cedar Hills, UT

Just like the sportscaster who talks about a player's outstanding free throw shooting inevitably jinxes him into missing the next shot, I suspect this article and talk of our comparatively low gas prices will jinx us, and the prices will shoot up very shortly.

It's got nothing to do with supply, demand, OPEC, per-barrell prices, refinery capacity, price-fixing conspiracies, etc. Nope - it's all about karma, and darn it we've just been jinxed.

Howard Beal
Provo, UT

Don't get too excited. During the summer we are usually in the top 5 for highest gasoline prices. So no need to blame/praise the Republicans or Democrats, it's just the way it is.

supertbone
Pleasant Grove, UT

I wonder how use of 85 octane in Utah affects this comparison where everywhere else uses 87.

JoeBlow
Miami Area, Fl

"use our own reserves, which are larger than those in the middle east? "

Care to cite any links to back up that claim?

And, Shale oil does not count, as to date, it is not been viable.

David B.
Cedar City, UT

Low prices is when gas gets down to 2 bucks or less! Most intelligent people already realize that this is a game and know there's no shortage. Again if you're dumb enough to believe what gov't tells you,you can't be very bright!

UtahBlueDevil
Durham, NC

That is good news - the price drop - because when we drove back to Utah last summer to visit my kids, Utah had the highest prices of the dozen or so states we crossed.

I wonder what the difference is between now and then?

DeltaFoxtrot
West Valley, UT

Well, there it goes. The media had to mention low fuel prices so now they will go up. Better fill up on the way in this evening.

don17
Temecula, CA

Just a number of points:

tosmartforyou: Democrats control California: Price $3.74 gallon? Republicans didnt do it Democrats did. They have controlled everything here basically for the last 11 years and we have 13 billion dollar debt this year and Hundreds of Billions in unfunded mandates and the highest taxes in the nation. Republicans didn't cause that here either!

David B: Your goal is good But, it is commonly accepted in the oil industry and economics that gas prices around $ 2.67 a gallon is ideal for the economy. It would show the economy is growing(as a measure). That amount allows for profit growth, exploration, innovation and continue to allow for alternative energy development. The price of a barrell benefits the middle east more than a company here like Exxon-Mobile.

supertbone: Utah is not the only place that uses E-85. Its more common in Iowa and other corn producing states. E-85 is about 10% less efficient than regular gas and production of E-85 has driven up the cost of food as more land is being used for energy production and less for corn and other base food products which drives the cost up!

jsf
Centerville, UT

The price of fuel used is a bogus number. What is the real price of gas? Start by backing out federal, state and local taxes. California and Hawaii prices of fuel with tax added will be higher with federal and state tax of $.658 to $.675. Utah's combined rate is $.429 per gallon. Utahs real price of gas is $2.49 per gallon. Now how do we compare.

danaslc
Kearns, UT

And the lowest wages.

DeltaFoxtrot
West Valley, UT

@Don: You said it. Corn is food NOT FUEL. Thank the EPA and Big Corn for mandating 10% (and now 15%) ethanol in gasoline for making food prices go up.

Ethanol pollutes more than gasoline, ethanol delivers less energy per gallon than gasoline. It's not a practical choice yet we are forced to accept it anyways.

toosmartforyou
Farmington, UT

@ JoeBlow

Check out the reserves in Alaska. To drill in Anwar aould take only 2,000 acres, which is less land than the footprint of Salt Lake International Airport.

Than check out the reserves in North and South Dakota.

Nuff said.

Hutterite
American Fork, UT

The US EIA says US proven reserves are a little over 21 billion barrels. Canada, to whom we don't want to build the keystone pipeline, has 178 billion barrels proven. Saudi Arabia has almost 267 billion barrels. I'm not sure an extended drilling effort on a golf course sized piece of alaska and all of north dakota is going to give us endless supplies of two buck gasoline, but by all means keep trying to make the math work.

Rebe
Herriman, UT

Media: You keep ruining our gas prices by posting these completely ridiculous stories. First of all, Utah has lower octane than most other states which means what??? You have to compare our MID-GRADE prices to other states LOW-GRADE prices to have a fair comparison. Hmmm, that puts us up at least $.10 higher than what you are reporting!!!!

I loved how former Governor Huntsman, when our gas prices were higher than most of the nation, would threaten an investigation into why and immediately our prices would drop. Governor Herbert does nothing.

Something has got to be done about oil speculators who are driving the prices up based on nothing more than "speculation"! I wish someone would fight for the little guy. $3.00/gallon is not "cheap"!

JoeBlow
Miami Area, Fl

"Check out the reserves in Alaska. To drill in Anwar aould take only 2,000 acres,"

oh, I have checked them out. High estimates would be 10 BILLION barrels of recoverable oil bases on reasonable sources.

huge amount of oil, right? About 500 days of US consumption. Not chicken feed by any means, but "larger then the middle east"? Hardly.

And if we take world consumption, it would last under 100 days.

Keep in mind that in the US alone, we use just under 20 MILLION barrels per day.

You do the math. I have.

m.g. scott
LAYTON, UT

I am old enough to remember when gas prices topped one dollar a gallon for the first time. That was in the 70s. Now, some 40 years later we are only paying about $3.50 a gallon nationwide. If housing prices or car prices had risin that LITTLE in 40 years, we would only be paying about 75 thousand dollars for a new home, and about 12 thousand dollars for a new car. Thank goodness that the price of gasoline has not kept pace with the rest of the economic market. Let's hope it stays that way.

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