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Boise drops 7 cents in gas prices, close to $3 per gallon

Prices have dropped almost 7 cents, making the average price for a gallon of gas in Boise to about $3.08.

BOISE, Idaho — According to GasBuddy, an average gallon of gas in Boise costs $3.08 on Monday, which is 31 cents per gallon less than a month ago, and 28 cents per gallon less than a year ago. 

GasBuddy surveys 216 stations in the Boise area. The cheapest station in Boise was prices at $2.85 per gallon on Sunday and the most expensive was $3.29 per gallon, a 44 cent difference. 

Statewide, the lowest price was $2.42 per gallon, and the highest was $3.59 per gallon, a difference of $1.17 per gallon. 

The price of gasoline nationally has gone up just over half a cent in the last week. The national average is $3.04 per gallon on Monday, which is 1.4 cents less than a month ago and 24 cents less than a year ago. 

Here's a look at historic gas prices in Boise: 

  • January 15, 2023: $3.35/g 
  • January 15, 2022: $3.59/g 
  • January 15, 2021: $2.26/g 
  • January 15, 2020: $2.53/g
  • January 15, 2019: $2.31/g 
  • January 15, 2018: $2.55/g 
  • January 15, 2017: $2.35/g
  • January 15, 2016: $2.11/g 
  • January 15, 2015: $1.87/g 
  • January 15, 2014: $3.24/g 

Neighboring areas and their current gas prices:

  • Idaho- $3.02/g, down roughly 7 cents per gallon 
  • Ogden- $2.66/g, down roughly 7 cents per gallon
  • Oregon- $3.65/g, down roughly 3 cents per gallon 

"Last week was a bit of a mixed bag for gasoline prices, with prices increasing early on but falling again in recent days as the situation in the Red Sea continues to drive market volatility," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While last week saw the U.S. attacking Houthi militants engaged in attacks on vessels in the Red Sea, oil prices jumped, but then promptly fell as economic concerns with weak demand sapped the upward move after the U.S. and allies attacked Houthi rebels. Gasoline inventories also saw another large rise, putting some downward pressure on gas prices, and leaving an opportunity for the national average to potentially briefly fall below $3 per gallon. We'll have to see if the stars finally align for such a move."

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