KKTV 11 News | Colorado Springs, Pueblo | News

Gas Price Increases May Not Be Over

By: Associated Press
By: Associated Press

A spokesman for the petroleum marketing industry has bad news about gas prices.

Roy Turner of the Colorado-Wyoming Petroleum Marketers and Convenience Store Association says motorists in the state probably will be paying at least two dollars and 25 cents for a gallon of regular unleaded gasoline by this summer because of the increasing price of crude oil.

Turner spoke today to lawmakers in Denver.

Representative Gary Lindstrom says residents in Summit County are angry because they're forced to pay more than drivers in Denver. Turner says mountain residents pay more in part because delivery trucks have to travel over Loveland Pass, adding about eight cents a gallon to the freight costs.

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Other lawmakers demanded to know why the price of gasoline at stations along the Front Range can vary from block to block.

Turner says prices vary widely in metro areas on the Front Range because the price of gasoline they purchased varies daily and some stations are rejecting credit cards to save on processing fees.


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