As Omicron Cases Rise, Gas Prices Continue To Fall | News, Sports, Jobs

Deborah Wilber, Daily Herald special

Drivers pump gasoline on Tuesday, December 21, 2021 at Costco on Wall Avenue in Ogden.

Gas prices may be down compared to last week or even a month ago, but according to a daily survey of 160 stations, costs at Ogden are $ 1.33 higher than they ever were. were in 2020, bringing little relief at the pump.

GasBuddy, a Boston-based tech company that tracks real-time fuel prices across the United States, found a 50-cent difference between Ogden’s cheapest station at $ 3.29 per gallon and the higher expensive at $ 3.79.

Prices in Utah County also show a difference of nearly 50 cents between the most expensive and the cheapest gallons. In Orem, the most expensive gallon of regular gasoline costs $ 3.57, while the cheapest costs $ 3.29. In Provo, however, gallons range from $ 3.39 to $ 3.25. The cheapest gas is usually found at Costco, Lehi, and Saratoga Springs stores also with prices of $ 3.25. The most expensive gallon overall would be bought for $ 3.59 at Payson, according to GasBuddy.

On average, gas prices have fallen 13 cents in the past month, according to Patrick DeHaan, head of petroleum analysis at GasBuddy.

The lowest price recorded in the state on Tuesday was $ 2.75 and the highest was $ 4.19. Last week, gas prices were down to a national average of 2.9 cents per gallon.

That said, however, domestic gas prices remain higher than last year by more than $ 1. DeHann attributes the rise in prices over the past year to higher demand in 2021.

As countries closed their doors in response to the pandemic throughout 2020, gasoline requirements declined dramatically, reducing oil production, DeHaan said. Demand for oil in 2021, however, recovered at a much faster rate than production, causing prices to soar.

DeHaan believes gas prices will continue to fall, with cases of omicron variants of COVID-19 increasing rapidly.

“With gas prices very likely to continue falling this week in most states, we could see Christmas gas prices drop just below their all-time high over the holidays,” he said. .

Retail fuel prices listed on http://GasBuddy.com are the highest in western states including Utah, Arizona and Idaho, averaging between $ 3.52 and $ 4.64.

DeHaan encourages drivers to seek the best price. “GasBuddy was born to solve the frustration of refueling at a station only to find it cheaper on the street,” he said.

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