LOCAL NEWS

Data shows significant uptick in gas prices over past month in Salt Lake area

Mar 28, 2024, 9:38 AM

UTAH COUNTY — Gas prices rose considerably over the past month in the Salt Lake area, according to data from industry watchers.

Gasbuddy.com showed Utah on the warmer side of prices across the country Wednesday, with an average statewide price of $3.76. Charts on the site showed the Salt Lake area go from well below the national average to well above the national average in one month.

This chart from Gas Buddy shows the average gas prices in the U.S., Utah and Salt Lake. (GasBuddy.com)

AAA gas prices showed Utah with an average price of $3.77 as of Thursday morning, up from nearly $3.13 a month ago.

“Certainly what we’ve seen is that gas prices have been rising quite a bit lately,” said BYU associate professor of economics Christian vom Lehn.

According to vom Lehn, Utah is more susceptible to more significant fluctuations due to regulations.

“What’s notable is that Utah’s regulatory standard is a little bit stricter than many other parts of the country,” vom Lehn told KSL TV. “As a result, we tend to feel these seasonal price movements more strongly and intensely in Utah than perhaps some other parts of the country.”

Considering added summer production costs and summer demand, vom Lehn said the uptrend made sense.

“These movements in gas, while not welcome or pleasant to the pocketbook, are also not necessarily surprising,” vom Lehn said.

He loosely projected a peak gas price in Utah this summer of $4.20.

At a gas station in Orem, Adam Sherman said he hadn’t yet noticed the recent increase in gas prices, but he had felt the overall pinch of inflation and increasing prices everywhere.

“I can complain about it, but at the end of the day I’m going to have to fill up my gas anyway,” he said.

KSL 5 TV Live

Local News

Choir students sing at Zions Bank...

Tamara Vaifanua

Looking Out for the Good: Wasatch Elementary School choir helps Zions Bank ring in the holidays

Zions Bank welcomed more than 60 students from Wasatch Elementary School on Wednesday to ring in the holidays.

1 hour ago

A driver was stuck in an upside-down car after it rolled down a ravine in American Fork Canyon on T...

Mary Culbertson

Driver stuck in upside-down car after rollover crash in American Fork Canyon

A driver was stuck in an upside-down car after it rolled down a ravine in American Fork Canyon on Thursday, Dec. 5, 2024.

3 hours ago

NYPD on Wednesday released this image they say is of the suspect sought in connection to the shooti...

Karina Tsui, John Miller and Brynn Gingras, CNN

Police race to find gunman responsible for killing UnitedHealthcare CEO. Here’s what we know

Police are searching for a gunman on the loose after shooting and killing UnitedHealthcare CEO Brian Thompson in what police described as a bold and deliberate attack in the heart of New York City.

5 hours ago

Odin Jeffrey Ratliff and Hunter Charlie Jackson, both 3, were killed by a car in Eagle Mountain on ...

Emily Ashcraft, KSL.com

Judge dismisses wrongful death lawsuit filed by parents of child killed in Eagle Mountain crash

A judge ruled state employees and contract workers cannot be sued in the death of Odin Ratliff, a child killed in a crash caused by a man the state was overseeing on parole.

5 hours ago

The bad air filled with inversion over Sandy City Hall on Dec. 4, 2024....

Andrew Adams

Sandy installs air monitors to give residents clearer picture of quality

Sandy officials hope new sensors placed on city property will give residents a clearer picture of their air quality.

13 hours ago

Tom Cram, the police chief for the Kanab Police Department in 2019....

Daniel Woodruff

Kanab police chief hit pedestrian in crosswalk, UHP says

A southern Utah police chief was involved in an auto-pedestrian crash last month that left one man seriously injured, the Utah Highway Patrol confirmed.

13 hours ago

Sponsored Articles

2 computer techs in a computer shop holding up a computer server with the "hang loose" sign...

PC Laptops

Choosing the Right Computer: A Comprehensive Guide

With these tips, choosing the right computer that fits your needs and your budget will be easier than ever.

crowds of people in a German style Christmas market...

This Is The Place Heritage Park

Celebrate Christkindlmarket at This Is The Place Heritage Park!

The Christkindlmarket is an annual holiday celebration influenced by German traditions and generous giving.

Image of pretty woman walking in snowy mountains. Portrait of female wearing warm winter earmuff, r...

Lighting Design

Brighten your mood this winter with these lighting tricks

Read our lighting tips on how to brighten your mood in the winter if you are experiencing seasonal affective disorder.

A kitchen with a washer and dryer and a refrigerator...

Appliance Man

Appliance Man: A Trusted Name in Utah’s Home Appliance Industry

Despite many recent closures of local appliance stores, Appliance Man remains Utah's trusted home appliance business and is here to stay.

abstract vector digital social network technology background...

Les Olson

Protecting yourself against social engineering attacks

Learn more about the common types of social engineering to protect your online or offline assets from an attack.

family having fun at home...

Lighting Design

Discover the impact of lighting on your mood

From color temperature to lighting saturation, we tackle how different lighting design setups can impact your day-to-day mood.

Data shows significant uptick in gas prices over past month in Salt Lake area