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Idaho gas prices fall

Idaho gasoline prices fell 8.8 cents per gallon in the past week, to an average $2.77 per gallon Sunday.

The consumer watch-dog GasBuddy said prices were 23.1 cents per gallon higher than a year ago and 26.3 cents per gallon lower than a month ago.

National average prices dropped 26.1 cents during the last month and are 5.7 cents per gallon lower than a year ago.

You can find the lowest gas prices in the area HERE.

“For the tenth straight week, gas prices have been in a state of decline, falling to the lowest level since prior to Hurricane Harvey in 2017 to the mid $2.30s with now 31 states with at least one gas station selling gasoline under $2 per gallon, saving motorists hundreds of millions of dollars versus prices just two months ago,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Oil prices have been slow to react to a cut in oil production from OPEC, instead focusing on economic concerns and trade tensions with China. Thus far, it seems that it “may take a village” to help oil prices recover, help that would include robust demand from the U.S., which seems to be anything but the case. For now, prices will remain seasonally challenged, tied to the fact or expected fate of the economy moving forward.”

You can find more information here.

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