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Get Gephardt: No, really, why are Utah gas prices still higher than the national average?

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#Gephardt #Utah #gasoline #costs #increased #nationwide #common

Estimated learn time: 5-6 minutes

NORTH SALT LAKE — It is the most typical query KSL receives from viewers: Why are gasoline costs in Utah a lot increased than in different components of the nation?

The questions aren’t with out purpose. Whereas the remainder of the nation has seen a drastic reprieve in gas prices, Utah lags considerably behind.

In line with AAA, the nationwide common for a gallon of gasoline sits at $3.681. Utah’s paying about 60 cents extra, averaging $4.229 per gallon.

“It’s going to come round,” mentioned Ken Boyle, a St. George resident. “We’ll catch up finally.”

Ready for Utah gasoline costs to drop comes with a sure frustration.

“What’s it?” questioned Boyle. “Is it value gouging? Why are we so gradual?”

It is a sentiment heard in dozens of emails, calls and social media posts to KSL Investigators. Some level to “all the foremost refineries within the Salt Lake Valley,” suggesting our gasoline manufacturing capabilities should not be holding us again from sliding costs.

An image of Utah’s oil manufacturing

The Beehive State does have a strong oil manufacturing business. In line with information from the U.S. Vitality Info Affiliation, Utah ranked tenth within the nation for oil manufacturing in 2020.

The state’s 5 oil refineries course of about 204,000 barrels per day, greater than sufficient to cowl the 121,000 barrels Utahns devour every day. Many of the gasoline consumed in Utah is created from Utah refineries.

Utah produces a lot gasoline, we discovered the refineries boast of supplying gasoline to a number of western states, together with Idaho, Nevada, Wyoming, Washington and Oregon.

Utah additionally has oil pipelines — three main ones spanning over a thousand miles. They bring about refined gasoline merchandise from the Sinclair refinery in Wyoming to the Wasatch Entrance and carry refined product from the North Salt Lake refineries to different states like Idaho and Nevada.

The Utah Petroleum Affiliation mentioned a lot of the motor gas residents use is produced at these North Salt Lake refineries.

It is not likely quite a lot of gasoline produced

Trying on the numbers, it looks as if a no brainer that Utah can be self-sufficient in gasoline, and subsequently, have decrease costs.

It is not that straightforward.

Get Gephardt spoke with Tom Holst, senior vitality analyst on the College of Utah Kem C. Gardner Coverage Institute. Holst labored within the oil business for many years everywhere in the world. He mentioned whereas it looks as if Utah produces so much, we actually do not.

“Within the Gulf Coast, they collectively course of 5 million barrels per day,” defined Holst.

That is 25 instances greater than in Utah.

The Gulf Coast’s huge provide, when in comparison with Utah and what number of states it provides, is one purpose we pay extra for gasoline.

Free market at work

Holst says there are different contributing components: state gasoline taxes in Utah are 31.9 cents per gallon, barely increased than the nationwide common of 28.85 cents per gallon. We’ve got fewer pipelines, which implies costlier vehicles are used to ship each crude oil and refined merchandise to finish customers.

And sure, politics and earnings also can consider.

In a free market system, oil firms are free to promote to whoever can pay the best value.

“The refiners in North Salt Lake have made vital investments and their refined merchandise will search the best value that it may,” mentioned Holst.

Regardless of many hurdles the business is dealing with — like labor shortages, sanctions on Russian merchandise, and fewer oil leases out there for buy – oil firms are recording report earnings.

In line with the U.S. Home Committee on Vitality and Commerce, Chevron reported earnings of $11.6 billion final quarter. Shell got here in with $11.47 billion. BP earned $8.45 billion, and Exxon reported earnings of $17.9 billion — the best quarterly revenue reported by any oil firm in historical past.

Utah Petroleum Affiliation defended the free market economics of oil firms, declaring that solely “2.4%” of these earnings go to the businesses’ ‘company officers.'” This equates to $429.6 million within the case of Exxon.

Via a “Utah Gasoline Costs Explainer” flyer, the Utah Petroleum Affiliation mentioned most of these earnings go to “hundreds of thousands of Individuals — by retirement funds, like 401(okay)s, and personal and public pension funds.” These are paid out to stockholders by dividends on their shares.

The affiliation identified “refiners personal lower than 5% of the 145,000 retail stations throughout the nation.” A spokesperson advised Get Gephardt, “UPA doesn’t characterize retail gasoline stations and that is the place the rubber meets the highway right here.”

So we went to Dave Davis, president on the Utah Meals Trade Affiliation, which does characterize retail gasoline stations, to search out out: Is the gouging taking place on the precise gasoline pump?

Davis indicated, it is probably not the retailers inflicting ache on the pump.

“At a retail degree, we’re not seeing a big enhance within the gross margin on gas,” Davis defined.

Turning to various fuels

Though pain at the pump continues, Holst was optimistic that good issues will emerge, particularly that Utahns will turn into much less reliant on oil and gasoline for transportation.

“Electrical automobiles have gotten mainstream,” mentioned Holst. “The EV adoption fee by Utahns is increased than the nationwide common.”

He is proper. The U.S. Division of Vitality confirmed 16,480 electrical automobiles registered to Utahns on the finish of 2021, or 5 per each 1,000 folks. The nationwide common for EV adoption is three per 1,000 folks.

Utah’s gasoline costs have fallen $1.041 per gallon for the reason that all-time common excessive of $5.262 on July 1. Whereas costs proceed to fall right here, nationwide costs have began to rise once more because of fluctuating costs on crude oil.

Calls for on gasoline provide as we head into the winter months will play an enormous function in figuring out if Utah gasoline costs stay on a downward pattern.

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Matt Gephardt

Matt Gephardt has labored in tv information for greater than 20 years, and as a reporter since 2010. He’s now a shopper investigative reporter for KSL TV. You’ll find Matt on Twitter at @KSLmatt or electronic mail him at matt@ksl.com.

Cindy St. Clair

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Six reasons to buy the iPhone 14 Plus over the iPhone 14 Pro Max

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What Elon Musk will likely do with Twitter if he buys it : NPR

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#Elon #Musk #Twitter #buys #NPR

Billionaire Elon Musk’s on-again, off-again bid to accumulate Twitter superior this week after he agreed to pay the $44 billion he had initially provided for the social media website.

Michael Gonzalez/Getty Photographs


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Billionaire Elon Musk’s on-again, off-again bid to accumulate Twitter superior this week after he agreed to pay the $44 billion he had initially provided for the social media website.

Michael Gonzalez/Getty Photographs

By the tip of this month, Elon Musk might lastly personal Twitter, after the mercurial billionaire modified his thoughts but once more this week about shopping for the social community for $44 billion.

On Thursday, a decide gave Musk and Twitter till Oct. 28 to shut their deal, finish a bitter months-long authorized battle and keep away from a high-profile trial. Whereas there isn’t any certainty Musk might not have one other change of coronary heart, if he does assume management of Twitter, what would that appear to be? He has given hints but in addition left loads of questions unanswered.

With regards to speech, something goes

When Musk agreed to purchase Twitter again in April, he stated he would “unlock” the corporate’s potential by advancing free speech and “defeating the spam bots.”

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital city sq. the place issues important to the way forward for humanity are debated,” he stated within the official deal announcement.

It is a theme he reiterated each in public, telling Twitter staff at an all-staff meeting that the platform ought to permit all authorized speech, and in non-public, texting investor Antonio Gracias that “Free speech issues most when it is somebody you hate spouting what you suppose is bull****.”

Musk has been loudly important of Twitter’s guidelines aimed toward curbing harassment, hate speech, extremism and misinformation about elections and public well being, arguing that the corporate’s efforts to advertise what it has lengthy referred to as “wholesome conversations” are too restrictive.

His contacts and supporters egged on that view, in line with text messages launched in courtroom filings final week.

“Are you going to liberate Twitter from the censorship completely happy mob?” podcast host Joe Rogan wrote to Musk the day Musk revealed his stake in Twitter. “I’ll present recommendation, which they could or might not select to observe,” Musk replied.

Specialists who examine social networks warn that overhauling Twitter to permit all authorized speech would open the floodgates to toxicity, from misogynist, racist and transphobic abuse to false claims concerning the safety of voting and the effectiveness of vaccines.

For a “keyhole view of what Twitter beneath Musk will appear to be,” simply take a look at various platforms corresponding to Parler, Gab and Fact Social that promise fewer restrictions on speech, stated Angelo Carusone, president of the liberal nonprofit watchdog group Media Issues for America.

On these websites, he stated, “the characteristic is the bug — the place with the ability to say and do the sorts of issues which can be prohibited from extra mainstream social media platforms is definitely why everybody gravitates to them. And what we see there’s that they’re cauldrons of misinformation and abuse.”

Trump and different banned figures are prone to return

On high of loosening content material moderation guidelines, a Musk-owned Twitter would additionally possible usher within the return of former President Donald Trump. After the Jan. 6, 2021, riot on the U.S. Capitol, Twitter permanently banned Trump for breaking its guidelines in opposition to inciting violence.

In Could, Musk said that the ban “was a morally dangerous resolution, to be clear, and silly within the excessive” and pledged to reverse the ban.

But it surely’s not simply Trump — Musk has been vocally skeptical of the notion that anybody needs to be completely banned from Twitter, with few exceptions.

“Could be nice to unwind everlasting bans, aside from spam accounts and those who explicitly advocate violence,” he texted Twitter CEO Parag Agrawal shortly after agreeing to affix the corporate’s board (a call he quickly backtracked).

That might imply lifting bans on conspiracy theorist Alex Jones, who was kicked off for abusive behavior in 2018; Rep. Marjorie Taylor Greene, R-Ga., whose account was suspended in January for tweeting deceptive and false claims about COVID-19 vaccines; and 2020 election deniers like Michael Flynn, Sidney Powell and Mike Lindell, who had been all banned in early 2021.

One one who texted Musk within the days after his Twitter stake turned public (whose title was redacted in courtroom paperwork) suggested the billionaire that “will probably be a fragile recreation of letting proper wingers again on Twitter and find out how to navigate that (particularly the boss himself, if you happen to’re up for that)” — an obvious reference to Trump.

The particular person urged Musk to rent “somebody who has a savvy cultural/political view” to steer enforcement, suggesting “a Blake Masters kind.” Masters is the Republican Senate candidate in Arizona who has been endorsed by Trump and has echoed his false claims that the 2020 presidential election was stolen from him.

Permitting Trump and others to return might set a precedent for different social networks, together with Meta-owned Fb, which is contemplating whether or not to reinstate the previous president when its personal ban on him expires in January 2023.

“If Trump is replatformed on Twitter, it makes it simpler for [Meta president of global affairs] Nick Clegg and [Meta CEO] Mark Zuckerberg to say, ‘Properly, he is already again on Twitter. We would as effectively let him again on Fb,'” stated Nicole Gill, government director of Accountable Tech, a progressive advocacy group.

Musk says that if he buys Twitter, he’ll make main modifications to its enterprise mannequin, which at the moment is dependent upon promoting.

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Musk says that if he buys Twitter, he’ll make main modifications to its enterprise mannequin, which at the moment is dependent upon promoting.

Justin Sullivan/Getty Photographs

Administration shake-up, workers departures

Musk can also be anticipated to shake issues up internally at Twitter. Agrawal, who succeeded Twitter co-founder Jack Dorsey within the CEO position lower than a 12 months in the past, will possible head for the exit, doubtlessly with a $42 million payout.

Musk’s texts reveal that an initially cautiously pleasant relationship between the 2 males when Musk first invested rapidly soured after Agrawal instructed Musk that his tweets criticizing the platform had been “not serving to me make Twitter higher.”

“What did you get performed this week?” Musk snapped, earlier than telling Agrawal that he was not becoming a member of the board and would make a proposal to purchase Twitter as an alternative.

After a video assembly a number of weeks later with Agrawal and Musk, Dorsey tersely summed up the state of affairs in a textual content to Musk: “A minimum of it turned clear which you can’t work collectively. That was clarifying.”

It is unclear whom Musk may set up in Twitter’s administration ranks. His contacts floated varied concepts in textual content messages, together with a former Uber government who as soon as recommended spying on important journalists, and investor Jason Calacanis, who volunteered himself for CEO, however Musk did not chew on any of the strategies.

This has fueled hypothesis that Musk, who already runs a number of firms, might take the reins himself.

“Please ship me anybody who really writes good software program,” Musk wrote to 1 investor. “I’ll oversee software program growth.”

Whoever is answerable for day-to-day operations will possible be confronted with a smaller workforce. A whole bunch of staff have reportedly left within the months for the reason that Musk saga started, with many inside Twitter disheartened by Musk’s plans to overtake the corporate.

That’s possible welcome information to the billionaire, who has complained that Twitter’s prices outstrip revenues and has implied the corporate is overstaffed for its dimension.

An “all the things” app?

Prices and workers cuts are solely two items of the equation. Within the spring, Musk pitched traders that he would quintuple Twitter’s annual income to $26.4 billion by 2028 and entice 931 million customers by that very same 12 months, up from 217 million on the finish of 2021, in line with an investor presentation obtained by The New York Times.

In the present day, Twitter makes practically all its cash from promoting, however Musk needs to shift away from that enterprise mannequin to earning profits from charging customers subscription charges, licensing knowledge and constructing out a funds enterprise, in line with the presentation.

He might have little selection apart from to search out alternate sources of income moreover promoting, given the weak state of the digital advert market and the modifications he needs to make to content material moderation.

“Advertisers need to know that their adverts aren’t going to seem alongside extremists, that they are not going to be subsidizing or associating with the varieties of issues that may flip off potential clients,” Carusone stated.

This week, after Musk stated he wished to go forward with the deal in any case, he tweeted, “Shopping for Twitter is an accelerant to creating X, the all the things app.”

What precisely he meant is, as at all times, anybody’s guess. However this summer time, Musk told Twitter staff that the corporate ought to emulate WeChat, the Chinese language “super-app” that mixes social media, messaging, funds, buying, ride-hailing — mainly, something you may use your cellphone to do.

“You mainly stay on WeChat in China,” Musk stated in June. “If we are able to re-create that with Twitter, we’ll be an amazing success.”

Different American tech firms, together with Fb and Uber, have tried this technique, however thus far Chinese language-style super-apps have not caught on in america.

However Musk is optimistic. “Twitter most likely accelerates X by 3 to five years,” he tweeted, “however I may very well be mistaken.”

Editor’s be aware: Fb mum or dad Meta pays NPR to license NPR content material.

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Barnard College will offer abortion pills for students : NPR

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#Barnard #School #provide #abortion #tablets #college students #NPR

The doorway of Barnard School in New York Metropolis.

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The doorway of Barnard School in New York Metropolis.

Seth Wenig/AP

Barnard School, a non-public girls’s faculty in New York Metropolis, will give college students entry to treatment abortion — abortion tablets — as quickly as fall of subsequent yr, school officials announced Thursday.

The transfer, a direct response to the U.S. Supreme Courtroom’s resolution to overturn Roe v. Wade, was made to make sure college students’ entry to abortion well being providers it doesn’t matter what the long run holds, Marina Catallozzi, Barnard’s chief well being officer, and Leslie Grinage, the dean of the faculty, mentioned in a press release saying the transfer.

“Barnard applies a reproductive justice and gender-affirming framework to all of its pupil well being and well-being providers, and notably to reproductive healthcare. Within the post-Roe context, we’re bolstering these providers,” Catallozzi and Grinage mentioned.

The Meals and Drug Administration last year relaxed decades-old restrictions on one of many medicines, mifepristone, used to induce abortions in early being pregnant, permitting folks to get it by means of the mail.

Within the months since Roe was overturned, a number of states have restricted abortion access. Like Barnard, some faculties, employers and different establishments have responded by trying to broaden abortion entry the place doable.

Beginning in January 2023, College of California and California State College campuses will equally provide treatment abortion under a state law.

Main employers have publicly mentioned they are going to present employees with travel coverage if they should exit of state to get an abortion.

Simply because Barnard is situated in New York, the place entry to abortion has not been restricted, doesn’t suggest the faculty cannot be ready, officers mentioned.

“Whereas our college students have entry to high-quality reproductive well being providers in New York and notably at [Columbia University Irving Medical Center], we’re additionally making ready within the occasion that there’s a barrier to entry sooner or later, for any purpose,” Catallozzi and Grinage mentioned.

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