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New consumer sentiment numbers show Utah out ahead of the national mood, something attributable to the state’s natural optimism.
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As of April 2, AAA said the average cost of a gallon of gas in Utah was $3.83. That’s about 0.30 cents higher than the national average and heading into spring break, up nearly 22% from a month ago.
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The Utah Office of Energy Development released a report explaining why Utahns are paying more for gas.
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Inflation, supply and demand, the war in Ukraine and the ease in COVID-19 restrictions all contribute to increased gas prices.
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Gas prices are tumbling, thanks to a glut of petroleum on the world market. That may be great for consumers, but it’s tough for Utah’s petroleum industry…
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Utahns cringe when they look at the prices on the gas pumps these days, though prices here haven’t reached the levels seen in California this fall. Most…