As the end of 2024 nears, gasoline prices in Idaho and across the country are holding steady.
According to the American Automobile Association, the average price for a gallon of regular in Idaho is $3.08. The state’s average fell half a penny overnight, and while it’s currently three cents more than a week ago and a month ago, today’s price is still 11 cents cheaper than a year ago. After recently falling as low as 20th in the country for most expensive fuel, Idaho now ranks 12th.
Meanwhile, the national average is hovering near $3.03 per gallon, about a penny and a half more than a week ago, but three cents less than a month ago and nine cents cheaper than a year ago.
The West Texas Intermediate benchmark for crude oil is now teetering between $71 and $72 per barrel, about $2 more than a week ago and $4 more than a month ago, but about the same price as a year ago.
According to the Energy Information Administration, U.S. refineries are running at 92.5% of
capacity, or 0.7% more than the previous week. However, refineries in our region are currently operating at just 85.4% of capacity – 1.4% less than a week ago.
Motorists in Boise are paying the highest average price for a gallon of regular gasoline in Idaho at $3.14, while Coeur d’Alene has by far the lowest average price at $2.81. Lewiston’s average price for a gallon of regular is currently $3.06.
