Gas prices higher and more increases may lie ahead

Idaho gas prices rose 11.8 cents per gallon in he past week to an average $2.67 per gallon at 802 Idaho gas outlets Sunday.

The national average price rose 4.7 cents per gallon to an average $2.60 per gallon according to the gasoline price website GasBuddy.com.

Idaho prices Sunday were 22.6 cents per gallon higher than the same day a year ago and 13.9 cents per gallon higher than this day one year ago.

Idaho AAA, however, reports its surveys indicate prices went up by 16 cents per gallon in the past week. AAA says Idaho is among six states that saw double-digit price increases. Idaho fuel is the most expensive in the Rocky Mountain Region.

Idaho AAA, however, reports its surveys indicate prices went up by 16 cents per gallon in the past week. AAA says Idaho is among six states that saw double-digit price increases. Idaho fuel is the most expensive in the Rocky Mountain Region.

“The jump at the pump has continued unabated over the last week as oil prices have rallied and the typical spring fever starts to grip energy markets, causing gas prices to continue to accelerate,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “The Great Lakes led the region as the region cycled one step closer to the final summer-spec gasoline in the last week, and with the change, a price rise that was passed on from the wholesale to retail level, pushing their prices to tie for the highest prices in a couple years. Much of the rest of the country also saw prices rise, albeit a tamer rise. As March wraps up, gas prices are going out like a small lion, but there may be a larger lion looming in the weeks ahead. The surge at the pump is by no means over just yet.”