Our Utah gas station owners are brilliant. They recognize that things are cyclical. While the rest of the nation has been dropping their prices, our locals have pretty much kept theirs constant so that they do not have to use precious labor resources in changing the prices on their signs.
On July 7, both Utah and the United States had an average price of regular gas at about $4.09 per gallon. On July 14, when President Bush gave his speech on off-shore drilling, the United States had risen to $4.10, but Utah had risen to $4.19. As of July 29, the nation had dropped to $3.92, but our Utah stations still averaged $4.19 in their labor saving efforts.
David R. Taylor