While 2024 had its ups and downs, drivers had one thing in common throughout the year – lower gas prices. The American Automobile Association reports that Idaho drivers saved an average of 34 cents per gallon for regular last year, while the U.S. average dropped 20 cents per gallon from 2023.
According to AAA, Idaho gas prices plateaued around $3.60 per gallon for most of the summer, in part due to stable crude oil prices and steady refinery production, which helped offset increased fuel demand. Pump prices in Idaho have been steadily falling since September.
Idaho’s current average price for a gallon of regular is $3.07, which is a penny less than a week ago, two cents more than a month ago, and six cents less than a year ago. The national average currently sits at $3.06 per gallon – about four cents more than a month ago and two cents less than a year ago.
The West Texas Intermediate benchmark for crude oil is currently trading near $73 per barrel,
which is about $2 more than a week ago and $6 more than a month ago, but about the same as a year ago. AAA says if demand slips and the price of crude oil stabilizes, gas prices could level off or even drop.
Motorists in Boise are paying the highest average price for a gallon of regular gasoline at $3.11, while Coeur d’Alene continues to have the state’s lowest average price at $2.80. Lewiston’s average price for a gallon of regular gasoline is $3.06.
