Idaho gas prices continue to slide – Local News 8

IDAHO FALLS, Idaho (KIFI) – Common gasoline costs in Idaho have fallen 4.8 cents per gallon within the final week, averaging $4.17/g Monday, in accordance with GasBuddy’s survey of 802 stations in Idaho.

Costs in Idaho are 16.0 cents per gallon decrease than a month in the past and stand 57.5 cents per gallon larger than a yr in the past.

In keeping with GasBuddy worth reviews, the most affordable station in Idaho was priced at $3.64/g Sunday whereas the most costly was $5.30/g, a distinction of $1.66/g.

Historic gasoline costs in Idaho and the nationwide common going again 10 years:

• November 21, 2021: $3.60/g (U.S. Common: $3.39/g)
• November 21, 2020: $2.28/g (U.S. Common: $2.11/g)
• November 21, 2019: $2.93/g (U.S. Common: $2.60/g)
• November 21, 2018: $3.00/g (U.S. Common: $2.58/g)
• November 21, 2017: $2.59/g (U.S. Common: $2.52/g)
• November 21, 2016: $2.37/g (U.S. Common: $2.13/g)
• November 21, 2015: $2.18/g (U.S. Common: $2.08/g)
• November 21, 2014: $3.09/g (U.S. Common: $2.83/g)
• November 21, 2013: $3.24/g (U.S. Common: $3.21/g)
• November 21, 2012: $3.60/g (U.S. Common: $3.42/g)

Neighboring areas and their present fuel costs:

• Montana- $3.71/g, down 12.8 cents per gallon from final week’s $3.84/g.
• Boise- $4.21/g, down 3.8 cents per gallon from final week’s $4.25/g.
• Spokane- $4.35/g, down 11.1 cents per gallon from final week’s $4.46/g.

The nationwide common worth of diesel has declined 6.7 cents within the final week and stands at $5.28 per gallon.

The nationwide common worth of gasoline has fallen 11.9 cents per gallon within the final week, averaging $3.64/g at the moment. The nationwide common is down 16.4 cents per gallon from a month in the past and stands 24.5 cents per gallon larger than a yr in the past, in accordance with GasBuddy knowledge compiled from greater than 11 million weekly worth reviews overlaying over 150,000 fuel stations throughout the nation.

“What an unimaginable turnaround within the final week. Whereas a decline was anticipated in additional states than final week, I did not anticipate each single state to hop on the bandwagon so rapidly. However, it is terrific information as motorists put together for Thanksgiving journey, with tens of hundreds of stations below $3 per gallon, and hundreds extra to hitch within the subsequent few weeks, barring a dramatic turnaround,” stated Patrick De Haan, head of petroleum evaluation at GasBuddy. “Everybody will probably be seeing reduction on the pump this week, with much more substantial declines on the best way as oil costs plummeted final week to briefly commerce below $80 per barrel. It isn’t unattainable that if oil markets maintain right here, we may see a nationwide common of $2.99 round Christmas, actually the reward that each motorist is hoping for. Drivers should not be in a rush to replenish as costs will come down almost coast-to-coast into the closely traveled Thanksgiving vacation.”

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