Saturday, August 8, 2020

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Moab, UT

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    Resurgent COVID-19 cases could drive down gas prices

    Featured Stories

    Survey: Local parents want daily in-person teaching

    “I really don’t think that 40% of all people are not going to send their kid to school.”

    Tales of Trails: Savor spectacular views from thrilling Shafer Trail

    In the 1890s, Moab pioneer brothers Frank M. And John S. Shafer developed the route from what had been a Native American pathway connecting what is now Canyonlands National Park to the river below.

    At 99, Moab man is knighted by France

    “The French people will never forget his courage and devotion to the great cause of freedom,”

    Leaving Guatemala, Part 4: ‘A year in the land of eternal spring’

    Though I planned to return someday, whether as a Peace Corps volunteer or not, this experience proved that even the best-laid plans go awry.

    Leaving Guatemala, Part 3: Sudden departure came with painful goodbyes

    Men donned wooden masks and numerous layers of sweatshirts and ponchos then proceeded to hit each other with whips as they danced around the town square.
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    Utah gas prices have risen 0.3 cents per gallon in the past week, averaging $2.27 per gallon Monday, according to GasBuddy’s daily survey of 1,171 stations. Gas prices in Utah are 3.1 cents per gallon higher than a month ago and 74.9 cents per gallon lower than a year ago.

    Car at gas station
    File photo

    According to GasBuddy price reports, the cheapest station in Utah was priced at $2.07 per gallon June 29 while the most expensive was $3.24 per gallon, a difference of $1.17 per gallon. The national average price of gasoline has risen 3.4 cents per gallon in the last week, averaging $2.17 per gallon this week. 

    The national average was up 19.7 cents per gallon from a month ago and 53.4 cents per gallon lower than a year ago.

    “Gasoline prices have continued to rise across the U.S., a streak that enters its ninth week, but with a resurgence in COVID-19 cases across several states and gasoline demand data showing the first weekly drop in gasoline demand since Memorial Day and just the second one since March, there may eventually be a small reckoning in the price of gasoline,” said Patrick DeHaan, head of petroleum analysis at GasBuddy.

           “Last week, U.S. gasoline demand fell 0.4%, not exactly a staggering figure, but data from later in the week pointed to much more noticeable drops, which may be a coming trend as authorities in some U.S. states rescind their re-openings. 

    “Motorists across the country will likely be influenced by what develops in those areas — improvement and a slowdown in COVID would cause gas prices to continue rising, while a continued resurgence in COVID-19 cases and a drop in gasoline demand will mean lower gas prices,” he said.

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