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Gas prices continuing to increase across the country

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COLORADO SPRINGS, Colo. (KRDO) -- While gas prices are cheaper year-over-year, the national average increased by two cents on the week and is now 17 cents more expensive than last month.

Skyler McKinley, Director, Public Relations & Government Affairs for AAA said, “I can tell you that this line in the sand, February 2021 is when prices will start inching their way upward and they will probably keep doing that into 2022.”

And the national average continued to climb this past week despite a drop in gasoline demand and refinery utilization. Typically, a decrease in demand mixed with an increase in supply drives a decrease at the pump, but sustained crude oil prices are pushing an increase.

“The price of crude is increasing for some geopolitical reasons. The oil cartels are cutting production and that also includes Russia, also in the United States the Democrats have taken control of Congress and the presidency and they are going to be more alternative-fuel friendly,” said McKinley.

However, McKinley says we should consider ourselves lucky that we live here in Colorado.

“We’re ahead of the curve right now, I will say prices will catch up. Colorado is typically right level at the national average and we got a relatively cheap gas tax, so we aren’t going to see price jumps north of three dollars for quite some time.”

And as we see a gradual increase in demand due to Covid-19 vaccines continuing to roll out, McKinley says gas prices will only further increase from here.

“As we look ahead into the rest of 2021 and 2022 I would tell drivers to get ready for what you used to pay. Get ready for what you paid in January of 2020, in November of 2019. Those prices are coming back,” said McKinley.

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Kolby Crossley

Kolby is a reporter for Good Morning Colorado. Learn more about Kolby here.

Comments

21 Comments

  1. Thanks to the genius Dementia Joe. Take a battered and weak economy from COVID and then sign away thousands of jobs and increase the cost of energy. Buckle your seatbelts, its going to be a rough ride down.

  2. No one cares about high gas prices…as long as Joe’s allies are happy…Russia and China.

  3. Socialist biden and harris are increasing taxes and transportation costs on fuel at the same time giving 5 BILLION to Honduras and Nicaragua. Whose side are they on?

  4. I think all Bidumb voter’s should leave there Bidumb yard sign up so we know which home to siphon gas from when gas reaches $8.00 a gallon.

  5. Good, I hope it breaks every poor Democrat voter.
    I want it to hurt and hear them cry.
    Poverty will soar under your new Master!!!
    Suck it Libs.
    And you know what? They will vote for them again.
    Prove me wrong.

  6. Let it begin! All you dumb China Joe voters can look the mirror and thank yourself for making the US dependent on Russia and the Middle East again. We were the number one producer of crude oil but China Joe and Kneeling Harris will ensure fuel prices will increase to levels not seen since, you guessed it, the last socialist regime, Oduma…..

  7. I’m glad to see the sane folks here.
    Thanks guys.
    Where are the Libbies celebrating?
    Anyone else adjusting their gas budget and overall budgets for the upcoming crisis?

  8. Is anyone surprised? Shut down the pipeline, shut down oil and gas, fracking. Kiss goodbye our oil independence. I’m sure russia and china will help us out. Don’t forget thousands of jobs lost in US and Canada.

    1. Don’t know where you people get your info BUT My friends up north in the oil fields got LAID OFF DURING THE TRUMP ADMINISTRATION ALMOST A YR AGO………HASN’T HAD WORK SINCE.

      1. Oh here we go…..of course they did. How else can you make this right in your pea brain? Let’s blame it on Trump, who by the way, made the US the leading petroleum producer in the world. In comes China Biden and his corrupt crew of misfits and low and behold the US starts to free fall……

      2. So your friend got fired and he can’t find a job in over a year?
        Name the site that laid him off. I’m sure it was just him.
        Another made up Libbie story.

        1. @SLowjoe laid off igit…..not the same as fired. I mean dang man at least TRY to think with common sense.

  9. Odd… not one comment on here from a liberal. Where are they now to praise their pedophile socialist “Dear Leader?”

  10. Why can’t the government leave our energy independence alone? It was a good thing, really. Don’t tear down oil and gas. We should use all the energy sources available. We should develop all of it as the people in this country choose to do so. You want wind mills and solar panels? Put them up on your own property. You want a natural gas furnace? Have at it. Breeder reactors, hydrogen, etc. Get it all going. The free market will choose the best options.

    1. Because they know better than you what is best for you. Never I d China built three times as many coal fired electrical plants last year and spew pollution into the atmosphere. Joe and his gang want you to suffer for it.
      Joe The Big Guy get 10% kickbacks.
      We are just too dumb to decide for ourselves….

      1. @slowjoe just running your mouth as usual…got proof? you know EVIDENCE….I know you don’t THINK you need it but you saw how far that got your golden boy right? get with the program noob.

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