Colorado Politics

Gas prices in Colorado average $1.82 per gallon

Gas prices are $1.82 per gallon on average in Colorado amid the lowest demand for fuel since 1968.

“Until the COVID-19 challenge eases and demand begins to rise, it’s highly likely that the oil market will remain considerably oversupplied and both crude and gasoline prices will remain low,” said Skyler McKinley of AAA Colorado.

Americans are using 44% less fuel compared to late February, a result of canceled travel plans and stay-at-home orders in a majority of states designed to halt the spread of COVID-19. Among Colorado’s metro areas, Greeley registered the lowest average prices, at $1.70 per gallon, according to AAA. In some parts of the country, per-gallon costs are less than $1 per gallon.

Over the weekend, the Organization of the Petroleum Exporting Countries agreed to cut production of oil by 9.7 million barrels per day in order to stabilize prices. The reduction is the largest on record.

While Americans are driving less, that has translated into fewer automobile accidents. A study from the University of California-Davis released on April 1 found that California’s stay-at-home order reduced collisions by 50%, with a similar drop in injuries and fatalities.

traffic jam on narrow street
iStockphoto
Tags

PREV

PREVIOUS

2 test positive for COVID-19 at Sterling prison

Two inmates at the Sterling Correctional Facility have tested positive for COVID-19, the Colorado Department of Corrections disclosed on Wednesday afternoon. “We have been preparing to respond to this exact type of situation,” said executive director Dean Williams. “We are continuing to use every tool at our disposal to keep it out of the prisons […]

NEXT

NEXT UP

Highway commission looks to slash projects amid millions lost in revenue

Thursday was state highway director Shoshana Lew’s birthday, but a committee that oversees her agency’s budget had no good surprises but rather “hard choices and tough decisions.” “The bottom line is not pretty,” Lew told the Colorado Transportation Commission’s budget committee Thursday morning. The entire state budget is facing a $3.2 billion shortfall this year, […]


Welcome Back.

Streak: 9 days i

Stories you've missed since your last login:

Stories you've saved for later:

Recommended stories based on your interests:

Edit my interests