{"id":40659,"date":"2022-05-11T19:05:04","date_gmt":"2022-05-12T01:05:04","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/colorado-gas-prices-hit-record-high-of-4-11-a-gallon-and-keep-climbing\/"},"modified":"2022-05-12T01:05:04","modified_gmt":"2022-05-12T01:05:04","slug":"colorado-gas-prices-hit-record-high-of-4-11-a-gallon-and-keep-climbing","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/colorado-gas-prices-hit-record-high-of-4-11-a-gallon-and-keep-climbing\/","title":{"rendered":"Colorado gas prices hit record high of $4.11 a gallon and keep climbing"},"content":{"rendered":"\n

\"Digital
Digital displays are illuminated to mark the prices for the various grades of gasoline available from a pump at a Circle K station April 22 in south Denver. (David Zalubowski\/Associated Press file)<\/span><\/figcaption><\/figure>\n<\/p>

The state\u2019s average price for a gallon of unleaded gasoline surpassed its all-time high of $4.09 a gallon this week, according to AAA Colorado.<\/p>\n

Average prices hit $4.10 on Tuesday. Then, on Wednesday morning, the price jumped another cent higher to $4.11.<\/p>\n

In the five-county region that makes up Southwest Colorado, the average prices were $4.43 in Montezuma, $4.50 in La Plata, $4.56 in San Juan, $4.45 in Dolores and $4.36 in Archuleta, according to AAA Colorado.<\/p>\n

Rising consumer demand is the key driver, said Skyler McKinley, spokesperson for AAA Colorado. Other factors include the limited supply of oil<\/a> available on the global market, which is likely to drive even greater demand as more people travel this summer.<\/p>\n

\u201cDon\u2019t expect prices to fall anytime soon,\u201d McKinley said. \u201cWe will continue to see those rise well into the summer.\u201d<\/p>\n

The jump is a remarkable shift from a year ago, when 1 gallon of unleaded gasoline cost $3.02 on average. That represents a 36% increase year-over-year, and it\u2019s similar to rising costs seen across the country for everything from food to used cars.<\/p>\n

Prices for all goods rose an average of 8.3% year-over-year in April, according to the latest Consumer Price Index<\/a> report from the Bureau of Labor Statistics. The number represents the highest inflation rate seen in more than 40 years.<\/p>\n

Gas prices are highest in Colorado\u2019s mountain communities and the southwest portion of the state. Pitkin County holds the title of the highest price at $5.19 a gallon.<\/p>\n

Prices along the Front Range are generally below the state\u2019s average. Denver County\u2019s average cost hit $4.08 on Wednesday morning.<\/p>\n

To read more stories from Colorado Public Radio, visit www.cpr.org<\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Southwest Colorado, fuel is more expensive than state average<\/p>\n","protected":false},"author":1,"featured_media":40660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[221,28],"naviga_topic":[],"class_list":["post-40659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-gas-and-oil","tag-headlines"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/40659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=40659"}],"version-history":[{"count":0,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/40659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/40660"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=40659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=40659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=40659"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=40659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}