
The following is a news release from AAA Idaho.
BOISE – It’s been another rough week at the pump for Idaho drivers, with budget-busting gas prices affecting everything from the daily commute to the spring road trip.
According to AAA, Monday’s average price for a gallon of regular gasoline in the Gem State is $4.11, which is 41 cents more than a week ago, $1.14 more than a month ago, and 86 cents more than a year ago.
The national average currently sits at $3.95 per gallon, which is 23 cents more than a week ago, $1.02 per gallon more than a month ago, and 83 cents more than a year ago.
“Higher crude oil costs, largely the result of conflict in the Middle East, drive up the price of the finished products we get from it – including gasoline, diesel, and jet fuel,” says AAA Idaho public affairs director Matthew Conde. “No matter how you or your packages get from Point A to Point B, it carries a higher price tag these days.”
Idaho currently ranks ninth in the country for the most expensive fuel behind California ($5.79), Washington ($5.27), Hawaii ($5.23), Oregon ($4.84), Nevada ($4.79), Arizona ($4.54), Alaska ($4.51) and Illinois ($4.17). Today’s cheapest average price in the U.S. is Oklahoma at $3.25 per gallon.
The West Texas Intermediate benchmark for crude oil is currently trading near $89 per barrel, a nearly $10 drop from the close of Friday’s trading session. But as long as global crude oil supplies remain constricted, the cost of crude will face upward pressure.
Here’s a look at Idaho gas prices as of March 23:
Boise – $4.13
Coeur d’Alene – $4.07
Franklin – $3.94
Idaho Falls – $4.06
Lewiston – $4.06
Pocatello – $4.10
Twin Falls – $4.09
The post Idaho gas prices up 41 cents from a week ago appeared first on East Idaho News.
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