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St. George Gas Hits $5; Statewide Average Nears $4.96

By Markets Desk · · 1 min read
A fuel pump nozzle resting on a concrete island at a gas station

St. George becomes the first Utah metro to top $5 per gallon. Statewide costs approach the same threshold amid high crude oil prices.

Key points

  • St. George became the first Utah metro area to exceed $5 per gallon on Tuesday.
  • The statewide average reached $4.96, with Piute County recording the highest at $5.34.
  • Crude oil averaging $100 per barrel drives the price surge, according to AAA.

St. George gas prices exceeded $5 per gallon on Tuesday. This marks the first Utah metro area to cross that level in the current surge.

The statewide average reached approximately $4.96 per gallon. Other major cities like Salt Lake City and Provo ranged between $4.92 and $4.94.

County averages vary widely

Piute County recorded the highest average at $5.34 per gallon. Ten other counties, including Beaver and Grand, have also met or exceeded the $5 mark.

Garfield County holds the lowest regular gas average at $4.89. Premium gas statewide surged to $5.48, while diesel reached a record $6.56 per gallon.

Crude oil drives the spike

Crude oil averages $100 per barrel due to Strait of Hormuz volatility. AAA Mountain West Group links this instability directly to rising pump prices in Utah.

Domestic gasoline supply has increased, but demand has grown alongside it. This dual pressure keeps costs high despite available fuel in the market.

Drivers adjust habits to costs

Utah last hit $5 per gallon in July 2022 at $5.26. That previous peak followed Russia's invasion of Ukraine and global energy tensions.

LendingTree found that four in five drivers changed habits due to costs. Strategies include driving less, carpooling, and seeking the best local deals.

Based on reporting by KSL News, compiled by the Tradingbird desk.

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