Gas prices are dropping across the country. According to the American Automobile Association, the national average has reached the $3 mark for a gallon of regular for the first time since May 12, 2021.
More than two dozen states are already below that mark, with more likely in the coming days and weeks. Today’s average is seven cents less than a week ago, four cents less than a month ago, and five cents less than a year ago.
Idaho’s average price is $3.23 per gallon, which is four cents less than a week ago and 14 cents less than a month ago, but 18 cents higher than a year ago.
The West Texas Intermediate benchmark for crude oil is currently trading near $60 per barrel. OPEC recently affirmed that current crude production levels will remain unchanged through at least the first quarter of 2026. If the market continues to predict a global oversupply of oil, prices could drop this winter, driving down gas prices in the process.
Of Idaho’s largest cities, Boise has the state’s highest average price for a gallon of regular at $3.24, while Coeur d’Alene has the state’s lowest average price at $3.09. Lewiston’s average price for a gallon of regular is currently $3.13.
