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UTAH

Utah gas prices rising, among most expensive in the country

UPDATED: MAY 4, 2023 AT 11:53 AM
BY
Reporter, Utah's Morning News

SALT LAKE CITY— Utah is currently one of the most expensive states to buy gas. 

According to AAA, the cost of a gallon of regular unleaded is $3.93 in Utah, which is up $.14 in the last week and $.23 cents in the last month.

That price has Utah sitting at $.36 above the national average of $3.57 a gallon as of Thursday, May 4.

Supply chain issues, Memorial Day, and the good news about Utah gas

AAA Spokesperson Julian Paredes told KSL NewsRadio it’s likely due to a disruption in the supply chain, courtesy of problems at refineries in Texas and New Mexico.

“Normally that wouldn’t impact Utah that much … but … it was such a big issue for the entire region,” Paredes said. “That gas has to come in from somewhere.”

Utah saw a price hike earlier this year after a Colorado refinery shut down for a time.

And Paredes said prices will likely rise again for Memorial Day and as summer travel sets in.

But, on the bright side prices now are nearly $.60 lower than the average of $4.51 Utahans were paying for unleaded regular a year ago.

“The oil market can be very unpredictable and very volatile, but right now we are in much better shape than we were last year,” Paredes said.

Utah set a statewide record for the average cost of regular unleaded last July at $5.26 a gallon.

Related reading: Gas prices will get worse, Utah congressman warns