Good News At Gas Pumps For Colorado Drivers
DENVER (CBS4)– There is good news at the gas pumps in Colorado where drivers are enjoying some of the lowest prices in the country.
Colorado is beating the national gas price average by 40 cents a gallon but that price break is not expected to last long.
“I’ve been able to get half a tank for $20. Opposed to $45 was barely three-quarters of a tank,” said driver Ngozi Williams.
“It’s amazing. It’s quite nice, too. Especially for me, I deliver pizza, you know,” said “The Pizza Guy” Adam.
The lowest price 4 On Your Side Consumer Investigator Jodi Brooks found was $2.62 at Chambers Road and East 48th Ave. in Denver.
About 60 percent of the gas stations in the Rocky Mountain Region, Idaho, Montana, Wyoming, Utah and Colorado are selling gas for less than $3 a gallon.
The rest of the U.S. just 25 percent of gas stations are less than $3 a gallon.
“Low gasoline taxes among the states in the Rockies as well as refineries that have produced good amounts of gasoline that have led to higher than average inventory and cheap Canadian crude oil,” said Senior Petroleum Analyst with gasbuddy.com Patrick DeHaan.
Gas prices are expected to rise 50 cents to more than $3 in the next few months.
“A lot of it will be likely the switch over to summer gasoline as well as refinery maintenance. Refineries tend to do maintenance during the slowest times of the year for gasoline demand, those being late winter specifically February and March,” said DeHaan.