A driver pumps gasoline at a Chevron in Salt Lake Metropolis on Monday, March 7, 2022. Utah’s common gasoline value jumped 11 cents Thursday, hitting $4.30 a gallon and blowing by the earlier all-time excessive of $4.22 set in 2008. Mengshin Lin, Deseret Information
Utah’s common gasoline value jumped 11 cents Thursday, hitting $4.30 a gallon and blowing by the earlier all-time excessive of $4.22 set in 2008.
Financial fallout from Russia’s invasion of Ukraine in late February, mixed with President Joe Biden’s announcement of a U.S. ban on Russian oil and gasoline imports earlier this week, helps drive client costs into uncharted territory.
In a panel dialogue earlier this week, Utah enterprise and financial consultants stated they anticipate costs on gas and different commodities impacted by Russia’s navy strikes on Ukraine to see additional upward motion because the battle enters its third week.
Whereas Utah’s present common gasoline value is only a couple pennies shy of the U.S. nationwide common of $4.32, in accordance with AAA, you would be paying extra within the Beehive State relying on the place you reside.
In accordance with up to date information posted Thursday by AAA, right here’s what you may anticipate to pay, on common, for a gallon of standard in these Utah metro areas:
- Logan — $4.25.
- Provo/Orem — $4.26.
- Salt Lake Metropolis — $4.28.
- St. George — $4.42.
The present common value of gasoline in Utah is up 93 cents within the final month and $1.44 from this time final 12 months.
On Thursday, California was main the nation in gasoline price with residents there paying a median of $5.60 for a gallon of standard. Kansas presently has the bottom common U.S. gasoline costs, coming in at $3.82 per gallon.