Gas prices jump 26 cents in one week, Utah governor blames supply

Feb 6, 2023, 6:44 PM | Updated: Feb 7, 2023, 6:02 am

SALT LAKE CITY — Gas prices have shot up 40 cents over the last month in Utah, bringing the average cost of a regular gallon of gas to just under $3.67 as of Monday.

The price jump comes much sooner than usual as drivers are seeing increases that generally come in March due to more cars on the roads resulting in a higher demand for gas.

In a Monday statement, Gov. Spencer Cox said, “due to the regional supply decrease, those price increases have jumpstarted earlier than expected.”

The amount is still much lower than Utah’s highest recorded average of $5.26 a gallon, which it hit last July.

Cox said prices were starting to get back to normal when a Utah refinery closed for annual maintenance. He said it took longer than expected to get back up and running.

Adding to the strain on supply, the governor said a refinery in Colorado shut down in December because of malfunctioning equipment. It is expected to be back online in March, he said.

“Unfortunately, this comes on top of an increase in natural gas prices, and we’re very concerned about those struggling to make ends meet,” Cox said in the statement. “Energy costs affect us all but disproportionately impact those with lower incomes and larger families.”

Gas prices keep falling in Utah but remain higher than national average

On Monday, Utah’s average price of a gallon of regular gas was 26 cents more than last week, 40 cents more than last month, and about 20 cents more than the national average.

“For the last week, I’ve just been watching the gas prices jump up,” said Steve Sandberg while filling up near the point of the mountain. “It is a little concerning to me.”

Sandberg works at Camp Williams for the Utah National Guard.

“It doesn’t impact me as much as some of the soldiers I work with who are just starting out their careers or who don’t have a career,” he expressed.

“The problem with gas prices going up is it affects everything. It affects the little things we do. Groceries in particular,” AJ Stosich added as he filled up at a gas station in Lehi. “It affects people who are crunched for money, living paycheck to paycheck. I think that’s one of the most difficult aspects of this and the economy.”

Stosich and other drivers worry the early start to the price increases may be a sign of more to come.

“When you see them going up in January, you know it’s going to be worse in the summer. And that just affects everything we do,” he said.

Cox said they’ve met with refinery and public utility providers to make sure they’re working to keep costs low.

“The HEAT program provides energy assistance to those with incomes at or below 150% of the poverty level. We also have great partnerships with Dominion Energy and Rocky Mountain Power that provide additional credits for low-income households.”

KSL 5 TV Live


Recall of kids cups sold on Amazon. (

Larry D. Curtis

Kids cups sold at Amazon recalled for led content

Two children's drink cups sold on Amazon have been recalled because of possible lead content.

18 hours ago

a finger pushing a button on a fire alarm...

Brianna Chavez

Red Cross of Utah sees increase in smoke alarm installation requests, in need of volunteers

The Salt Lake Area Chapter of the American Red Cross said it has seen in increase in requests for free smoke alarm installations. The need is so great, more volunteers are needed.

20 hours ago

File - The OpenAI logo appears on a mobile phone in front of a screen showing part of the company w...


Europe’s world-leading artificial intelligence rules are facing a do-or-die moment

Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week — talks complicated by the sudden rise of generative AI that produces human-like work.

1 day ago

FILE - OxyContin pills are arranged for a photo at a pharmacy in Montpelier, Vt., Feb. 19, 2013. Pu...

MARK SHERMAN Associated Press

Supreme Court wrestles with OxyContin maker’s bankruptcy deal, with billions of dollars at stake

The Supreme Court is wrestling with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company from civil lawsuits over the toll of opioids.

1 day ago

People walk past advertised Black Friday discount signs at the Macy's retail store inside the Queen...

Sergio Padilla, CNN

While Black Friday and Cyber Monday did well, Giving Tuesday lagged

Americans seemed more willing to spend money on Black Friday and Cyber Monday, but less willing to donate money on Giving Tuesday.

2 days ago

(KSL TV)...

Matt Gephardt & Cimaron Neugebauer

Bountiful woman left without phone service or answers days after her husband dies

When you pay for a phone service, you expect it to work. But after being unable to make or receive calls despite reaching out to the provider multiple times to fix it – a Utah woman decided it was time to Get Gephardt.

5 days ago

Sponsored Articles

Stylish room interior with beautiful Christmas tree and decorative fireplace...

Lighting Design

Create a Festive Home with Our Easy-to-Follow Holiday Prep Guide

Get ready for festive celebrations! Discover expert tips to prepare your home for the holidays, creating a warm and welcoming atmosphere for unforgettable moments.

Battery low message on mobile device screen. Internet and technology concept...

PC Laptops

9 Tips to Get More Power Out of Your Laptop Battery

Get more power out of your laptop battery and help it last longer by implementing some of these tips from our guide.

Users display warnings about the use of artificial intelligence (AI), access to malicious software ...

Les Olson

How to Stay Safe from Cybersecurity Threats

Read our tips for reading for how to respond to rising cybersecurity threats in 2023 and beyond to keep yourself and your company safe.

Design mockup half in white and half in color of luxury house interior with open plan living room a...

Lighting Design

Lighting Design 101: Learn the Basics

These lighting design basics will help you when designing your home, so you can meet both practical and aesthetic needs.

an antler with large horns int he wilderness...

Three Bear Lodge

Yellowstone in the Fall: A Wildlife Spectacle Worth Witnessing

While most people travel to this park in the summer, late fall in Yellowstone provides a wealth of highlights to make a memorable experience.

a diverse group of students raising their hands in a classroom...

Little Orchard Preschool

6 Benefits of Preschool for Kids

Some of the benefits of preschool for kids include developing independence, curiosity, and learning more about the world.

Gas prices jump 26 cents in one week, Utah governor blames supply