Gas prices are high… but still lower than the 1970s

Aug 3, 2023, 5:00 AM

People pump gas as prices rose to more than $5 a gallon at a Chevron station in Salt Lake City on T...

People pump gas as prices rose to more than $5 a gallon at a Chevron station in Salt Lake City on Thursday, June 9, 2022. While Utahns aren't paying quite that much for a gallon of gas. Gas prices around the state are at an average of $4.05. Photo credit: Kristin Murphy/Deseret News

SALT LAKE CITY — Filling gas tanks is hurting bank accounts once again, but it’s not the first time a jump in prices has happened in the nation.

Wednesday’s national average gas price is $3.803.

“It’s dumb,” said Utah resident Brecken, summing up the feelings of many when driving by signs with prices over $4.

This increasing price is hitting Utah residents especially hard with a state-wide average of $4.05.

Gas prices taking a toll

Resident Heather Chatwin says these high prices are the opposite of being consumer-friendly.

“I’ve got two cars at the gas pumps right now,” she said. “One of them is diesel and one of them is regular, and it just is killing me.”

While high prices give drivers a tough bill to swallow, U.S. citizens in 1978 were having to face a similar price.

During the Carter administration in 1978, the national average gas price was $0.65.

Under a dollar for a gallon of gas seems much better than what Americans have been paying over the last two years. However, when adjusted for 2023 inflation, the 1978 price jumps to $3.98.

That’s 18 cents higher than today’s national average price.

“I think they use it too much. It’s been used as a political ball, it just gets ridiculous,” resident Clark Jenkins said.

Read more:

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Frontline healthcare workers hold a demonstration on Labor Day outside Kaiser Permanente Los Angele...

Chris Isidore, CNN

Health care is in crisis. The looming strike by 75,000 health workers is just another sign of that

75,000 health care workers are participating in the nation’s largest health care strike in history.

6 hours ago

A pedestrian views diamond jewelry in the window of a store in the Diamond District neighborhood of...

Eva Rothenberg, CNN

Diamond prices are down as people spend more on travel and food

Prices for rough diamonds — the unpolished and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods.

8 hours ago

Apple is blaming a software bug and other issues tied to popular apps such as Instagram and Uber fo...

MICHAEL LIEDTKE AP Technology Writer

Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle

Apple is blaming a software bug and other issues for causing its recently released iPhone 15 models to heat up and "becoming too hot to handle."

1 day ago

A photo of I-15 filled with cars. The Utah Department of Transportation is collecting information a...

Emma Keddington

I-15 expansion will cost more than double original UDOT estimate

A plan to expand I-15 from Salt Lake City to Farmington is going to cost more than double what UDOT initially pitched.

3 days ago

Image of a help wanted sign. There aren't as many jobs that offer remote work as there were during ...

Curt Gresseth

Looking for remote work? It helps to have an inside connection

Computers are sorting hundreds, even thousands, of remote work applications, so who you know will help you stand out.

3 days ago

irs and other government employees and their families hold protest signs about the government shutd...

Britt Johnson

IRS employees in Ogden worry about potential government shutdown

IRS employees in Ogden are worried about the potential for another long government shutdown like the one in 2019.

3 days ago

Sponsored Articles

silhouette of a family looking over a lake with a bird in the top corner flying...

Bear Lake Convention and Visitors Bureau

8 Fun Activities To Do in Bear Lake Without Getting in the Water

Bear Lake offers plenty of activities for the whole family to enjoy without having to get in the water. Catch 8 of our favorite activities.

Wellsville Mountains in the spring with a pond in the foreground...

Wasatch Property Management

Advantages of Renting Over Owning a Home

Renting allows you to enjoy luxury amenities and low maintenance without the long-term commitment and responsibilities of owning a home.

Clouds over a red rock vista in Hurricane, Utah...

Wasatch Property Management

Why Southern Utah is a Retirement Paradise

Retirement in southern Utah offers plenty of cultural and recreational opportunities. Find out all that this region has to offer.

Human hand holding a protest banner stop vaping message over a crowded street background....

Prosperous Utah Communities

Utah’s Battle to Protect Youth from Vaping Epidemic Faces New Threat as Proposed Rule Threatens Progress

Utah's strict standards of nicotine levels in vaping products are at risk, increasing health hazards associated with use. Read more about how you can advocate for a better future for Utah's youth.

Aerial photo of Bear Lake shoreline with canopies and people camped out on the beach...

Visit Bear Lake

Last-Minute Summer Vacation Planning? Check Out Bear Lake!

Bear Lake is the perfect getaway if you are last-minute summer vacation planning. Enjoy activities with your whole family at this iconic lake.

close up of rose marvel saliva blooms in purple...

Shannon Cavalero

Drought Tolerant Perennials for Utah

The best drought tolerant plants for Utah can handle high elevations, alkaline soils, excessive exposure to wind, and use of secondary water.

Gas prices are high… but still lower than the 1970s