Gasoline prices on the rise
Post Independent Staff
GLENWOOD SPRINGS ” A spot check of nine gas stations throughout the city conducted by the Post Independent on Monday found that the average price of regular unleaded gasoline here was $1.87, up from $1.81 last week.
The recent spike in the price of gas here mirrors a trend of rising fuel prices nationwide.
The lowest price for gasoline in Glenwood Springs on Monday was $1.82 per gallon at Bradley’s on Grand Avenue. Several stations were tied for the highest price per gallon at $1.90.
The local increase has come as the United States could be heading toward a new national record high price for a gallon of gas, the American Automobile Association of Colorado reported.
“The nationwide average gasoline price continues to climb toward a new record high this week,” the March 10 AAA weekly report said. “Today’s national average for self-serve regular is $1.73 per gallon. This is 0.7 cents from surpassing the record high of $1.73.7 per gallon set on Aug. 30 of last year.”
AAA Colorado spokeswoman Mary W. Greer said the high price is being caused by several different factors.
One major cause of the spike, she said, is the political unrest in Argentina, a country that supplies crude oil to the United States.
Another cause is that new air quality standards are making it more expensive for fuel companies to produce gasoline.
Third, Greer said, is that China plans to import twice as much crude oil as was previously expected, lowering worldwide supplies.
These factors have all contributed to the high prices.
“Some cities in Arizona have gone over $2,” Greer said.
In comparison, Colorado hasn’t seen such a large spike.
“Our good news is we’re still running 13 cents below our record high,” she said.
The state’s record high was $1.82 per gallon of regular unleaded gas, set on June 5, 2001.
Similarly, gas prices in Glenwood Springs are also well below the city’s record high of $1.99 per gallon set on May 30, 2001.
Greer offered some reasons as to why Glenwood Springs is always in the upper echelon of gas prices.
“Some of it is a transportation expense. They have to truck it in,” she said, pointing out that the price of regular unleaded in Aspen was over $2 a gallon on Monday.
Another reason for the high prices is the lack of competition.
“You have nine stations rather than hundreds,” she said. “When you get into the mountain communities, it’s more expensive.”
Contact Greg Masse: 945-8515, ext. 511
Colorado Springs: $1.67
Ft. Collins-Loveland: $1.66
Grand Junction: $1.73
Statewide Average: $1.72
National Average: $1.72
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