Gas prices in Utah surged by 9.3%. A gallon of regular gas went from $2.78 in January 2024 to $3.03 in January 2025. Utah also has the highest rate of households with three or more cars at 47.6%, making this increase particularly burdensome. The average commute time to work in Utah is 22.6 minutes.

Average monthly gas prices are down $1.91 per gallon from their peak in June 2022, according to the newest LendingTree analysis. But average daily gas prices are up by 0.7% year over year as of Jan. 15 — ranging from an increase of 11.

Oil and gas futures opened higher as theoretical tensions in President Trump's energy policy just got very real, very fast. Why it matters: New tariffs on Canada and Mexico could raise gasoline and home heating costs in places — even though 10% Canadian energy tariffs are lower than the 25% applied to other goods.

If Republican President Donald Trump’s tariffs on oil and electricity imports from Canada are enacted next month, customers in the Northland could see energy prices increase. Tariffs of 10% on Canadian energy like oil,

Refineries in the Midwest, Great Lakes and Rockies rely more on the Canadian crude oil for sourcing oil for their refineries,” analyst Patrick De Haan said.