Idaho gas prices lower
Idaho gas prices edged down by 1.7 cents per gallon in the past week to an average $2.28 per gallon Monday, according to the independent watchdog “GasBuddy.com.”
A survey of 802 Idaho gas stations shows prices about 9 cents per gallon lower than a month ago and 23.8 cents per gallon lower than a year ago. Statewide, prices ranged from $2.09 to $3.18 per gallon.
You can see the range of prices here.
As gasoline refineries transition to summer gasoline mixes and annual maintenance, prices began to heat up across much of the country.
“Looking at macroeconomics, rumors of a U.S.-China trade deal may push oil prices higher as it would likely lead to increasing economic growth rates in both countries and pushing demand for oil higher,” said Gas Buddy petroleum analyst Patrick DeHaan.
“Since gas prices bottomed out nearly two months ago, average gas prices are up 20 cents. We may see another 20 cent hike or so over the next two months, or perhaps greater if there are any refinery kinks that arise. We’ll still be in good shape for summer gas prices to be under their year-ago levels, so all is not lost.”
National average prices rose 2.7 cents per gallon the past week, averaging $2.43 per gallon today.
You can find the lowest gas prices in the area HERE.
