August 15, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah’s Gas Prices Among Highest in USA

AAA press release

August 15, 2013

Salt Lake City — Late summer is hitting the West hard when it comes to gasoline prices. With the exception of the Northeast and Illinois, Western States and the Dakotas are reporting the highest prices in the contiguous states. Nationally, prices are dropping, giving hope to motorists that this trend will move west.

The current average price for a gallon of regular gasoline in Utah is $3.73. This is a $.02 increase since last month’s AAA report, a $.01 decrease from a week ago and $.27 higher than a year ago. Only nine states have prices higher than Utah’s. Since last month’s report, Utah’s gasoline price reached its highest mark, $3.74, on Aug. 2. Utah’s lowest price was $3.68 on July 23.

Utah’s gasoline prices are following a typical pattern for this time of year. In warmer months, Utah’s prices increase to the highest of the year. If the historic pattern holds, prices should start to decrease after the middle of September and then continue downward to reach the lowest marks during the winter months.

The Utah cities tracked by AAA as a service to consumers report increases, decreases and no change this month. The greatest increase, $.04 per gallon, was reported in St. George while Provo’s price dropped $.05 since last month’s report.

The national average price per gallon of regular gasoline is $3.54, a $.06 increase since last month’s report on July 9. This price is $.07 lower than a week ago and $.16 lower than a year ago. Since last month’s AAA report, the national average price reached its highest price of $3.67 on July 19, dropping every day to date since then.

“While late summer hurricanes and resulting refinery disruptions may force national prices upward, there are no major hurricanes threatening the Gulf Coast and refineries are running smoothly,” said Rolayne Fairclough, AAA Utah Spokesperson. “With these conditions in place, the national average price should continue to fall.”

West Texas Intermediate (WTI) crude oil settled at $106.11 per barrel at the close of trading yesterday. Compared to last month’s report, this price is up $2.97 per barrel. 

Utah Business Social
UB Events View All
Utah PR Spring ConferenceUtah Business Event
May 7, 2015
Join your colleagues from Utah Business along with PRSA & IABC for this important, 1-day event th...
30 Women to WatchUtah Business Event
May 21, 2015
Utah Business Magazine along with Snell & Wilmer are proud to announce the 16th annual 30 Women T...
CXO of the Year 2015Utah Business Event
Jun 25, 2015
Utah Business Magazine along with Stoel Rives - are proud to present the 2015 CXO of the Year Awa...
Community Events View All
Walk a Mile in Her Shoes
Apr 18, 2015
Come join us for the family friendly community march to end sexual assault and violence in our co...
Creating a Strategic Thinking Paradigm
Apr 20, 2015
In today's competitive economic environment, organizations need strategic thinkers. Strategic thi...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel