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Idaho gas prices jump 4 cents a gallon, 4th biggest increase in US

Drivers in all but five states paid more to fill up this week due to rising crude oil prices, according to AAA.
Gas Pump

BOISE, Idaho — Idaho drivers are paying more at the gas pump to fill up.

According to AAA Idaho, the average price of a gallon of unleaded gasoline jumped four cents in the past week as crude oil prices made the cost of fuel more expensive in all but five states.

Idaho's increase was the 4th largest in the country, following Florida (+9 cents), Utah (+9 cents), and Nebraska (+5 cents). 

However, gas prices in the Gem State are still 10 cents a gallon cheaper than the national average. Idaho drivers are paying 30 cents less per gallon than a year ago.

"Lately, the demand for fuel has ebbed and flowed with the rise and fall of COVID-19 infection rates and the deployment of vaccines. But surprisingly, this week's substantial increase in demand had little impact on gas prices - the recent price bump is more related to what's happening in the crude oil market," said AAA Idaho public affairs director Matthew Conde. "However, if demand remains elevated, that could put additional upward pressure on gas prices in the coming weeks."

According to the Energy Information Administration, gasoline demand jumped from 7.5 million barrels per day to 8.1 million on the week, which would normally send pump prices higher. But gasoline supplies only dipped slightly, which helped to offset the increased demand.

The Idaho average for regular gas is $2.30, which is eight cents more than a month ago. The national average currently sits at $2.40, which is 15 cents more than a month ago, but 13 cents less than a year ago.

AAA encourages drivers to bundle trips and make sure tires are properly inflated to conserve fuel.

Here's a selection of Idaho gas prices as of 1/25/21:

Boise - $2.36
Coeur d'Alene - $2.10
Franklin - $2.20
Idaho Falls - $2.20
Lewiston - $2.37
Pocatello - $2.28
Twin Falls - $2.26



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