IDAHO FALLS, Idaho (KIFI) – Average gasoline prices in Idaho fell 0.5 cents per gallon last week, averaging $4.41/g on Monday, according to GasBuddy’s survey of of 802 stations in Idaho.
Prices in Idaho are 58.6 cents per gallon higher than a month ago and $1.41/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Idaho was priced at $3.94/g yesterday, while the most expensive was $5.19/g, a difference of 1.25 $/g.
Historical gasoline prices in Idaho and national average going back 10 years:
- April 4, 2021: $3.00/g (US average: $2.86/g)
- April 4, 2020: $2.17/g (US average: $1.90/g)
- April 4, 2019: $2.56/g (US average: $2.73/g)
- April 4, 2018: $2.81/g (US average: $2.66/g)
- April 4, 2017: $2.43/g (US average: $2.35/g)
- April 4, 2016: $2.03/g (US average: $2.06/g)
- April 4, 2015: $2.47/g (US average: $2.39/g)
- April 4, 2014: $3.35/g (US average: $3.57/g)
- April 4, 2013: $3.49/g (US average: $3.63/g)
- April 4, 2012: $3.77/g (US average: $3.93/g)
The national average gasoline price fell 5.4 cents per gallon last week to an average of $4.17/g today. The national average is up 25.5 cents per gallon from a month ago and $1.31/g higher than a year ago, according to GasBuddy data compiled from of more than 11 million weekly price reports covering more than 150,000 service stations across the country.
Neighboring areas and their current gas prices:
- Montana – $4.05/g, down 3.6 cents per gallon from $4.08/g last week.
- Boise – $4.53/g, down 1.1 cents per gallon from $4.54/g last week.
- Spokane – $4.28/g, down 2.9 cents per gallon from $4.31/g last week.
“Oil prices fell last week as Covid cases in China surged, causing restrictions on movement and hurting demand for oil. Meanwhile, President Biden’s announcement that the United States would release 180 million barrels from the Strategic Petroleum Reserve has caused oil to fall even further, causing gas prices to plummet in nearly every region of the world. country over the past week,” said Patrick De Haan, head of oil analysis at GasBuddy. “As long as oil prices stay below $100 a barrel and there is no escalation in Russia’s war on Ukraine, we could be on the verge of seeing gas prices come down. again this week as the United States and other countries attempt to raise oil supply to drive down prices.”
You can find the lowest gas prices in the area HERE.