Why is gas so expensive in Utah?

I paid almost six dollars per gallon for gas in Utah yesterday. Why is the price so high right now?

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Answer provided by

Liz Jenson

Answered on Jul 07, 2022

Unfortunately, Utah isn’t the only state with exceptionally high gas prices right now. Gasoline has reached an all-time high price in the United States following Russia’s invasion of Ukraine.

But how does Russia affect gas prices here in the U.S.? Russia is an important player in the oil industry, and its invasion of Ukraine upset the market. Suppliers ran into further problems due to the fact that President Joe Biden banned the import of oil or gas from Russia. As such, the supply of gas and oil in the U.S. right now doesn’t meet the demand.

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MORE: Utah car insurance laws

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