Idaho gas prices fall 11 cents – Local News 8

IDAHO FALLS, Idaho (KIFI) – Common gasoline costs in Idaho have fallen 11.2 cents per gallon within the final week, averaging $4.77/g Monday, in accordance with GasBuddy’s survey of 802 stations in Idaho.

Costs in Idaho are 43.5 cents per gallon decrease than a month in the past and stand $1.02/g greater than a 12 months in the past.

In keeping with GasBuddy worth experiences, the most affordable station in Idaho was priced at $3.95/g yesterday whereas the most costly was $5.49/g, a distinction of $1.54/g.

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

• August 8, 2021: $3.75/g (U.S. Common: $3.18/g)
• August 8, 2020: $2.37/g (U.S. Common: $2.17/g)
• August 8, 2019: $2.83/g (U.S. Common: $2.66/g)
• August 8, 2018: $3.17/g (U.S. Common: $2.87/g)
• August 8, 2017: $2.55/g (U.S. Common: $2.36/g)
• August 8, 2016: $2.46/g (U.S. Common: $2.12/g)
• August 8, 2015: $2.96/g (U.S. Common: $2.60/g)
• August 8, 2014: $3.76/g (U.S. Common: $3.47/g)
• August 8, 2013: $3.83/g (U.S. Common: $3.58/g)
• August 8, 2012: $3.52/g (U.S. Common: $3.65/g)

Neighboring areas and their present fuel costs:

• Montana- $4.29/g, down 12.2 cents per gallon from final week’s $4.42/g.
• Boise- $4.85/g, down 9.0 cents per gallon from final week’s $4.94/g.
• Spokane- $4.66/g, down 11.0 cents per gallon from final week’s $4.77/g.

The nationwide common worth of diesel has declined 13.1 cents within the final week and stands at $5.14 per gallon.

The nationwide common worth of gasoline has fallen 15.8 cents per gallon within the final week, averaging $4.01/g Monday. The nationwide common is down 68.7 cents per gallon from a month in the past and stands 83.6 cents per gallon greater than a 12 months in the past, in accordance with GasBuddy knowledge compiled from greater than 11 million weekly worth experiences overlaying over 150,000 fuel stations throughout the nation.

“The nationwide common is poised to fall again beneath $4 per gallon as early as at present as we see the decline in fuel costs enter its eighth straight week. By the tip of the week, 100 thousand stations can be at $3.99 or much less,” mentioned Patrick De Haan, head of petroleum evaluation at GasBuddy. “Diesel continues to say no as properly, and can seemingly quickly fall beneath $5 per gallon. We have even seen practically a dozen stations in low-priced states fall beneath $2.99, a welcome return to some fortunate motorists in areas of Texas, Oklahoma, Kansas and Iowa. The groundwork is laid for a ninth week of decline, with areas of the West Coast quickly ditching the $5 per gallon common. Whereas I am upbeat the drop can proceed for an additional couple weeks, we’re beginning to see some exercise within the tropics, which can improve danger of potential disruption.”