As Idaho families continue to take vacations to wrap up the summer, they may see a little more pain at the pump.
According to the American Automobile Association, today’s average price for a gallon of regular gasoline in the Gem State is $3.53, a five cent jump overnight that is 11 cents more than a month ago but ten cents less than a year ago.
The national average currently sits at $3.16 per gallon, which is three cents more than a week ago and two cents more than a month ago. Idaho drivers are paying the 7th-highest price for gasoline in the nation.
According to the Energy Information Administration, U.S. gasoline stocks fell by three million
barrels, while demand increased by another 200,000 barrels per day. Tighter supplies and surging demand can apply upward pressure on gas prices.
Meanwhile, the cost of crude oil has remained steady, with the West Texas Intermediate trading near $65 per barrel – nearly $2 per barrel less than a month ago.
Of Idaho’s largest cities, Boise has the highest-average price for a gallon of regular at $3.58, while Lewiston still has the state’s lowest-average price at $3.29.
