Idaho drops out of top 10 most expensive fuels

BOISE, Idaho (KIFI) – According to AAA, soaring gasoline prices in other parts of the country pushed the Gem State off the top ten list for most expensive fuel, where it landed at 16and place Monday.

Idaho was one of seven states where prices fell or were the same as a week ago.

Idaho’s average price for a gallon of regular fuel is $3.52, the same as a week ago and three cents lower than a month ago.

Here’s a look at gasoline prices in Idaho as of Monday:

  • Wooded – $3.58
  • Coeur d’Alene – $3.37
  • franklin – $3.34
  • Idaho Falls – $3.40
  • Lewiston – $3.38
  • Pocatello – $3.51
  • twin falls – $3.61

Meanwhile, the national average currently sits at $3.49, five cents higher than a week ago and 18 cents higher than a month ago.

“We don’t see huge savings when we fill up, but we’ve been spared some of the dramatic price increases that are happening across the country,” said AAA Idaho spokesman Matthew Conde. . “As temperatures warm, growing demand for fuel combines with the high cost of crude oil to put significant upward pressure on gasoline prices. We will probably feel the effects in our state very soon.

The largest price increases this week occurred in New Mexico (+18 cents), Delaware (+15 cents), North Carolina (+12 cents), Tennessee (+12 cents), Nebraska (+10 cents) and Maryland (+10 cents). ).

Nationally, gasoline demand jumped 900,000 barrels to 9.1 million barrels per day. Gasoline inventories fell 1.6 million barrels over the same period. Meanwhile, the West Texas Intermediate crude oil benchmark rose above $93 a barrel late last week, a price not seen since September 2014.

“If demand for fuel continues to increase as spring approaches, or if Russia pulls crude oil from the market in response to Western sanctions against Ukraine, refueling will take up a large chunk of the travel budget. families for spring break,” Condé said. “Builting your journeys together and avoiding traffic jams can help stretch the fuel tank a bit.”

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