BOISE, Idaho — For the sixth straight week, the price of gasoline per gallon statewide has gone up.
The average cost in Boise has risen an additional 21.4 cents in the last week, bringing the new average to $3.71 per gallon. The average cost in all the state of Idaho increased by 15.6 cents in just the last week, bringing that new average to $3.58.
According to GasBuddy's survey of 216 gas stations in Boise, there's a 56 cents difference between the cheapest and most expensive gas in the city. The cheapest gas station stands at $3.43 per gallon, while the most expensive gas station was $3.99 per gallon.
Neighboring areas are also experiencing a consistent increase in gasoline cost.
Utah's average cost per gallon is $3.66, which is a whopping 31 cent increase from last week. Oregon's average only went up by 2.9 cents, bringing their new average to $3.76 per gallon. A small increase for our neighboring state, but an increase, nonetheless.
Despite the pacific northwest region seeing an overall increased cost of gas, the national average fell by 4.4 cents per gallon in the last week alone, bringing the national average cost to $3.44 per gallon.
"For the first time in 2023, the national average price of gasoline has seen a weekly decline, primarily thanks to a sharp and sudden drop in the price of oil," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"While the decline in both gasoline and diesel prices is terrific, it's not unusual to see prices falling in February, which tends to be the month with some of the lowest gasoline prices of the year thanks to seasonally weak demand. For diesel, we're likely to see more declines, and potentially much more significant in the weeks ahead as imports of distillate have accelerated, leading to a sell off. And, with warmer weather ahead, demand may struggle as well. However, especially for gasoline, high levels of coming maintenance and the eventual transition to summer gasoline could lead today's declines to reverse down the road. For now, motorists should enjoy the decline, but be wary as we're likely to eventually see increases again down the road."
Although the national average cost has gone down, overall gas prices are still higher across the nation than they were one year ago.
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