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Salt Lake metro gas prices surge after Iran strikes
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Gas prices in the Salt Lake metro are inching closer to $3 per gallon again following the U.S.-Israel strikes against Iran.
Why it matters: Gas hikes have an immediate effect on consumers' pocketbooks and their mood about the economy.
Driving the news: The average cost of a gallon of regular unleaded in Salt Lake is $2.87 — almost 32 cents higher than it was on Jan. 1, per GasBuddy.
- The national average stands at $3.16 per gallon.
The big picture: Tom Kloza, a longtime oil analyst now working for Gulf Oil, tells Axios that he expects the national average price to reach a high of $3.25 to $3.50 in the coming weeks.
- Prices will jump even higher in the western U.S., he predicts. 😫