Idaho gasoline prices are beginning to edge down.
According to the American Automobile Association, the average price for a gallon of regular gasoline in Idaho is $4.05, which is nine cents less than a week ago and 11 cents less than a month ago.
Meanwhile, the national average currently sits at $3.70 per gallon, which is 11 cents less than a week ago and 12 cents less than a month ago.
Matthew Conde with AAA-Idaho says hopefully, it’s a sign that the floodgates are about to open and real savings will start pouring in. He added that motorists could see the state average drop below the $4 mark in a matter of days.
Idaho currently ranks 8th in the U.S. for most expensive fuel.
At the end of last week, the cost of crude oil dipped to $82 per barrel, partly in response to a significant drop in gasoline demand and a build up in fuel inventories. But the West Texas Intermediate benchmark was back above $86 per barrel today (Mon), and AAA says that both crude and gasoline prices could be shaky over the next few weeks. But overall, experts anticipate a downward trend.
Motorists in Franklin are paying the highest price per gallon for gas in Idaho at $4.19, while Idaho Falls has the state’s lowest average price at $3.95. Lewiston’s average price per gallon is currently $4.03.
