Idaho gas prices have risen 2.1 cents per gallon in the past week, averaging $2.76/g today, according to GasBuddy’s daily survey of 802 stations. Gas prices in Idaho are 3.5 cents per gallon higher than a month ago, yet stand 35.7 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Idaho is priced at $2.55/g today while the most expensive is $3.59/g, a difference of $1.04/g. The lowest price in the state today is $2.55/g while the highest is $3.59/g, a difference of $1.04/g. The cheapest price in the entire country today stands at $1.89/g while the most expensive is $5.49/g, a difference of $3.60/g.
The national average price of gasoline has fallen 2.4 cents per gallon in the last week, averaging $2.63/g today. The national average is up 6.5 cents per gallon from a month ago, yet stands 25.1 cents per gallon lower than a year ago.
Historical gasoline prices in Idaho and the national average going back a decade:
October 14, 2018: $3.12/g (U.S. Average: $2.88/g) October 14, 2017: $2.65/g (U.S. Average: $2.46/g) October 14, 2016: $2.42/g (U.S. Average: $2.24/g) October 14, 2015: $2.48/g (U.S. Average: $2.30/g) Neighboring areas and their current gas prices:
Montana- $2.71/g, unchanged from last week’s $2.71/g.
Boise- $2.72/g, up 1.4 cents per gallon from last week’s $2.71/g.
Spokane- $2.95/g, up 5.5 cents per gallon from last week’s $2.90/g.
“As expected, the national average has reverted to declining in the midst of resolution to refinery issues in the West Coast, while lower demand also weighs on oil prices, leading to modest relief in some areas of the country,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
“While a partial trade deal with China may temporarily interrupt continued relief, the devil will be in the details- will any potential trade deal lead to solid expectations for economic growth in the U.S.? If so, then expect oil prices to follow to higher ground, before taping off after new optimism brings a small rally to oil, but if the latest talk of a trade deal is believed to be more like lipstick on a pig, then I expect gas prices will continue to decline. Either way- one thing holds true no matter if there’s a trade deal or not- and that’s that California motorists will see relief in the weeks ahead after refinery issues have abated.”