Idaho drivers have seen little change at the pumps lately, with the average price for regular gasoline dropping two cents this week after rising two cents last week.
According to AAA, the average price for a gallon of regular in the Gem State is $3.59, which is two cents less than a week ago, four cents more than a month ago, and 28 cents less than a year ago.
The national average currently sits at $3.50 per gallon, which is also two cents less than a week ago.
While record crowds traveled for the 4th of July, AAA says extreme summer temperatures and wildfires may be dampening some enthusiasm to hit the road for quick getaways, with gasoline demand running about 1% lower than a year ago and slipping by about 600,000 barrels per day this week. Experts say that gasoline supplies are also 15 million barrels higher year over year.
The West Texas Intermediate benchmark for crude oil is currently trading at $80 per barrel, which is $2 less than a week ago and $1 less than a month ago, but $3 more than a year ago. Lower gas demand and calm crude oil prices are helping keep pump prices down.
Motorists in Boise are paying the highest average price per gallon for regular in Idaho at $3.65, while Coeur d’Alene has the lowest average price at $3.43. Lewiston’s average price is currently $3.52.
