Idaho gas prices moved closer to the $3 mark this week, with crude oil prices applying upward pressure on state and national pump prices.
According to the American Automobile Association, today’s average price for a gallon of regular in the Gem State is $2.97, which is three cents more than a week ago and 18 cents more than a month ago, but still 23 cents cheaper than a year ago. The national average currently sits at $2.94 per gallon – a penny more than a week ago and eight cents per gallon more than a month ago, but about 21 cents cheaper than a year ago. 34 of the 50 states saw price increases this week, with a massive price spike in Oregon and Washington of 22 cents and 18 cents respectively.
The West Texas Intermediate benchmark for crude oil is currently trading near $66 per barrel, which is $3 more than a week ago and about $6 more than a month ago. If crude prices rise, gas could follow.
Of Idaho’s largest cities, Lewiston has the state’s highest-average price for a gallon of regular at $2.98, while Franklin has the state’s lowest-average price at $2.74.
