For many Pocatello Residents, the price at the pump in Pocatello has seemed high lately. We have received many email requests to find out why the price in the Gate city is so much higher than that of Idaho Falls. Local Gas Station owner Jim Potter explains that for his business, he has to follow the trends.
Potter explained his situation by saying, “So I what do is I typically roll with Maverik and the Fred Meyer and the Costcos and so they kinda drive the market price in this town. And I also understand in Preston and some other Southeastern Idaho cities it’s ten, fifteen cents lower than it is in Pocatello and the only explanation is for me is that some of the bigger companies in this town want to kind of keep prices a little higher.”
Another reason for this difference in price is what has been called a “gas war.”
“From what I understand there is a new business that opened in Idaho Falls and they wanted to go Rock Bottom Prices with gasoline which started some sort of gas war up in Idaho Falls, dropping prices everyday two, three, four, five cents so the levels that they are now. In Pocatello, there is no such new store that came about,” Potter said.
According to Dave Carlson, with AAA, the problem is statewide and can be traced back to refineries.
He explained that,” in general we’re seeing prices that are higher and we suspect that probably has something to do with the refinery outputs in Utah and Wyoming.”
What consumers want, and respond to are results. According to Carlson, the gas price market suggests a downward trend
“The prices, if they haven’t come down, they’re on the way down. And generally speaking we see our lowest prices in Idaho (in) November, December and January,” Carlson said.