As weather chills, gas prices follow

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  Published astatine 6:40 pm, September 23, 2024
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The pursuing is simply a news merchandise from AAA Idaho.

BOISE – Idaho state prices resumed their slow descent this week. According to AAA, nan mean value for a gallon of regular dropped to $3.54, which is 3.5 cents cheaper than a week agone and a period ago, and 60 cents little than a twelvemonth ago.

The nationalist mean presently sits astatine $3.21 per gallon, which is nan aforesaid arsenic a week ago, but 16 cents little than a period agone and 64 cents little than a twelvemonth ago.

Today, Idaho ranks 7th successful nan state for astir costly substance down California ($4.74), Hawaii ($4.61), Washington ($4.11), Nevada ($3.97), Oregon ($3.71), and Alaska ($3.69).

“As nan upwind toggles backmost and forth, we whitethorn spot state prices autumn successful fits and starts,” says AAA Idaho nationalist affairs head Matthew Conde. “But nan wide inclination has been alleviation for overmuch of nan year, and that should proceed barring immoderate unforeseen event.”

The West Texas Intermediate benchmark for crude lipid is presently trading adjacent $70 per barrel, which is nan aforesaid arsenic a week ago, but $5 little than a period agone and $9 little than a twelvemonth ago.

The Energy Information Administration reports that gasoline request accrued to astir 8.8 cardinal barrels per day, astir 300,000 b/d much than a week ago. But gasoline accumulation deed 9.7 cardinal barrels per day, outpacing demand. Refineries are presently producing astatine 92% of capacity nationwide, compared pinch 89.5% successful nan Rockies region – which was astatine 97.7% nan erstwhile week.

“It’s clip for seasonal attraction and nan move to winter-blend fuel. Refineries return turns going off-line to make nan alteration and complete repairs,” Conde said. “Fingers crossed that each goes well.”

Here’s a look astatine Idaho state prices, arsenic of Sept. 23:

Boise – $3.56
Coeur d’Alene – $3.34
Franklin – $3.66
Idaho Falls – $3.50
Lewiston – $3.38
Pocatello – $3.58
Rexburg – $3.49
Twin Falls – $3.56

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east idaho news