Idaho gas prices up again
Idaho’s average gas price has jumped another 6.7 cents per gallon to an average $2.84 per gallon. According to the industry watchdog “Gasbuddy,” the national average price actually fell .6 cents per gallon last week to $2.65 per gallon.
Prices in Idaho Sunday were 43.2 cents per gallon higher than the same day a year ago and 34.7 cents per gallon higher than a month ago.
The national gas price increased 12 cents last month is now stands at 25.9 cents per gallon higher than this day one year ago.
“As markets have seen concern rise of a possible trade war between the U.S. and China, oil prices have been hit hard, leading gas prices to dramatically slow their recent ascent. While the pause button may be hit for the time being on the spring surge, it is still likely we’ll see prices advance again soon,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Thankfully, the bulk of refinery maintenance is likely behind us, but keep in mind the volatility of the stock market has had a major influence on gas prices in the last year, so we may still be susceptible to sudden and dramatic change in U.S. policy and also still being susceptible to any lingering maintenance at the large refineries.”
