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Utah draft legislation may hike Idaho gas prices by 25 cents

: A draft bill in Utah proposes a 25-cent refinery-level tax that could increase Idaho gas prices by $250 million annually for consumers. Current Market Status: Natural Gas buy gas

: Higher-than-expected increases in natural gas inventories generally lead to weaker demand and bearish prices, while lower-than-expected builds are bullish. Utah draft legislation may hike Idaho gas prices

: Great Lakes regions, specifically Michigan, may face "double spikes" reaching $4.50 per gallon due to local refinery challenges. : The EU is moving to extend emergency

: The EU is moving to extend emergency gas storage rules through December 2027 to ensure stable and affordable supplies following the volatility caused by dependence on non-EU sources.

Gasoline prices in the U.S. have reached their highest levels in four years, currently averaging for regular fuel. This represents a 15-cent increase over the past week and a nearly 40% jump since before the conflict in Iran began two months ago.

: California ($5.965), Washington ($5.513), and Hawaii ($5.641) continue to see the highest costs.