Idaho gas prices remain calm this week

The pursuing is simply a news merchandise from AAA Idaho.

BOISE – Idaho drivers person seen small alteration astatine nan pumps lately, pinch nan mean value for regular gasoline dropping 2 cents this week aft rising 2 cents past week.

According to AAA, nan mean value for a gallon of regular successful nan Gem State is $3.59, which is 2 cents little than a week ago, 4 cents much than a period ago, and 28 cents little than a twelvemonth ago.

The nationalist mean presently sits astatine $3.50 per gallon, which is besides 2 cents little than a week ago, but 5 cents much than a period agone and conscionable 9 cents cheaper than a twelvemonth ago. As a consequence of stagnant prices successful our state, Idaho fell 2 places to 13th successful nan state for astir costly fuel.

The astir costly state is successful California astatine $4.68 per gallon, and nan cheapest successful Mississippi astatine $2.99.

“It’s bully that our pump prices are still overmuch amended than a twelvemonth ago, moreover pinch truthful galore summertime recreation plans successful motion,” says AAA Idaho nationalist affairs head Matthew Conde. “Thankfully, we avoided awesome refinery disruptions erstwhile Hurricane Beryl reached nan Gulf Coast, but we stay successful nan bosom of hurricane season. As agelong arsenic captious infrastructure is up and running, we person a bully chance of proviso continuing to support up pinch demand.”

According to nan astir caller study by nan Energy Information Administration, U.S. refineries are producing astatine 93.7% of capacity, and nan Rockies region is astatine a whopping 98.7%. Steady accumulation helps stabilize prices astatine nan pump.

While grounds crowds traveled for nan 4 th of July, utmost summertime temperatures and wildfires whitethorn beryllium dampening immoderate enthusiasm to deed nan roadworthy for speedy getaways, pinch gasoline request moving astir 1% little than a twelvemonth agone and slipping by astir 600,000 barrels per time this week. Experts opportunity that gasoline supplies are besides 15 cardinal barrels higher twelvemonth complete year.

“We don’t deliberation that anyone is canceling nan large vacations aliases nan family reunions,” Conde said. “But pinch steaming conditions and scorching temperatures crossed nan West, immoderate of nan spontaneous short-range trips to campy and play whitethorn not beryllium arsenic enticing correct now.”

The West Texas Intermediate benchmark for crude lipid is presently trading astatine $80 per barrel, which is $2 little than a week agone and $1 little than a period ago, but $3 much than a twelvemonth ago. Lower state request and calm crude lipid prices are helping support pump prices down.

Here’s a look astatine Idaho state prices, arsenic of July 22:

Boise – $3.65
Coeur d’Alene – $3.43
Franklin – $3.51
Idaho Falls – $3.47
Lewiston – $3.52
Pocatello – $3.56
Rexburg – $3.53
Twin Falls – $3.59