News March 18, 2021

Gas Price Jumps

by Jackson Hole Radio News

Gasoline prices continued to rise over the past week. Checking this week’s gasoline survey, the average price of unleaded regular gasoline nationally has increased to $2.87 per gallon, while the average of prices in Jackson Hole has risen 26¢ over the past week.

A survey of nine stations in Jackson shows the average gasoline price here has risen to $3.00 per gallon of unleaded regular. Prices at the pumps range from $2.85 to $3.26 per gallon.

Gasbuddy reports Wyoming’s state average increased 8¢ to $2.81 per gallon. The lowest price in the state was found in Newcastle where one station has regular unleaded gasoline for $2.41 a gallon. The average price for gasoline in Teton Valley, Idaho has climbed an average of 25¢ now to an average of $3.13 per gallon this week.

The increase in people willing to travel again combined with the winter storm in Texas last month that shut down production for a time are partly to blame.

AAA Auto Club Spokesperson Jeanette McGee says, “With increased demand and tighter gasoline supplies, we are looking at more expensive pump prices with little relief in the weeks ahead.” AAA estimates motorists nationwide are paying 14% more in March than last month.