Gasoline price up slightly for week, down from last year
Average retail gasoline prices in Utah have risen 1.5 cents per gallon in the past week, averaging $3.42/g yesterday. This compares with the national average that has increased 9.3 cents per gallon in the last week to $3.60/g, according to gasoline price website UtahGasPrices.com.
Including the change in gas prices in Utah during the past week, prices Sunday were 10.7 cents per gallon lower than the same day one year ago and are 10.1 cents per gallon lower than a month ago. The national average has increased 19.1 cents per gallon during the last month and stands 6.5 cents per gallon lower than this day one year ago.
"Watching the national average last week, one might have expected war broke out in the Middle East or a major hurricane shutting down production, neither of which happened, yet gasoline prices spiked," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
"The scary thought is what may happen to gasoline prices should one of the two actually
take place. The good news for motorists is that the end to the summer driving season and change to winterspec fuel is in view, which will likely put downward pressure on gasoline prices," DeHaan said.
GasBuddy operates UtahGasPrices.com and over 250 similar websites that track gasoline
prices at over 140,000 gasoline stations in the United States and Canada. In addition,
GasBuddy offers a free smartphone app which has been downloaded over 20 million times
to help motorists find gasoline prices in their area.