idaho gas prices by year

Gas Prices of the United States: Idaho Cities – MapQuest. Idaho’s current price for regular is $3.14 per gallon, which is eight cents more than a month ago. This week, gas prices decreased or held steady in 45 states, and the U.S. average dropped two cents to $2.86 per gallon amid stabilizing crude oil prices and increased refinery production. Here’s a selection of Idaho gas prices as of 2/8/21: BOISE – In what could be an ominous sign of things to come, gas prices in the Treasure Valley jumped by eight cents this week. According to AAA, the state’s average price for regular is $2.84, while the current U.S. average is $2.83. Some neighboring states have fared even better, such as Wyoming (39th place), Montana (42nd place), and Utah (45th place). Today, the average price for regular fuel in Idaho is $2.39, which is 17 cents more than a month ago but 15 cents less than a year ago. According to the Energy Information Administration, gasoline stocks dropped by nearly 12 million barrels this week, and fuel demand currently sits at 8.7 million barrels per day. Today, Idaho drivers are paying an average of $2.27 for regular, which is three cents more than a month ago but 34 cents cheaper than a year ago. “Idaho’s average price jumped another ten cents this week, but our region is also one of the last to react to national trends, so we’re hopeful that steady prices elsewhere are a sign that things could calm down here in the coming weeks,” says AAA Idaho spokesman Matthew Conde. Meanwhile, the U.S. average currently sits at $2.42 per gallon, which is 17 cents more than a month ago and just five cents cheaper than a year ago. You can change the time period to see anywhere from 1 month to 6 years. At $3.29 per gallon, California fuel is the most expensive in the country. 225 kWh × 9.6437 cents (tier 3) = $21.70. Demand currently sits at 8.7 million barrels per day, which is much higher than the 5.5 million barrels per day from a year ago, but significantly less than the 9.8 million barrels per day recorded in April 2019. “If crude holds steady, that could help keep the price of finished gasoline from being quite so chaotic this spring and summer.”. Premium gas: $3.10. The Gem State ranks 5th in the country for the largest year-over-year savings. “The Department of Transportation has temporarily granted an exemption from hours of service so that truck drivers can make more deliveries, but that won’t be enough offset the loss of the pipeline.”. If the price of crude holds steady and refinery production ramps up, gas price increases in April could be less severe than they’ve been in March. If demand keeps climbing, supplies could shrink even further, raising prices in the process. Historical Gas Price Chart. Crude prices even fell into the negative for a day in late April before spending a few weeks in the teens. Here’s a selection of Idaho gas prices as of 3/29/21: BOISE –  It’s been a rough winter for Idaho drivers, with the Gem State’s average gas price about to hit the $3 mark. Gas prices in the Treasure Valley and Lewiston were down a penny this week and dropped by two cents in Pocatello and Coeur d’Alene. No … On the other hand, the U.S. average currently sits at $2.52. If that margin continues to narrow, gas prices will climb. U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018. “But as conditions improve, the Mid-West and Rocky Mountain regions could easily trade places in the rankings in the coming weeks.”. The state’s current average is $2.45 a gallon for regular, which is 20 cents more than a month ago, but still eight cents cheaper than a year ago. After dropping as low as 36th in the country this winter, the Gem State currently ranks 23rd for most expensive gas prices. “But for those with a glass-half-full mentality, Idaho drivers are still in the enviable position of paying less than the national average and less than they paid a year ago.”. “Drivers in ten states are already paying more than they did a year ago, but for now, motorists in the Gem State continue to enjoy some nice savings at the pump.”. Residential prices for electricity are charged using tiered pricing. In addition to higher crude prices, domestic supplies are also tightening, with U.S. crude inventories decreasing by eight million barrels this week and finished gasoline stocks dipping by ten million barrels. 355 E Neider Ave. Coeur d'Alene, ID. Gasoline prices per liter, octane-95: We show prices for Idaho from 18-Jan-2021 to 26-Apr-2021. The less energy a customer uses, the less energy the customer is charged at a higher prices. Today, the U.S. average is 14 cents more expensive than a month ago, and 84 cents more than a year ago. Today, the average price for a gallon of regular gasoline in Idaho is $1.98, which is four cents more than a month ago, but $1.22 less than a year ago. And after many months in the typical 7th to 9th-place range for most-expensive fuel, Idaho currently ranks 30th in the country. That should help stabilize fuel supplies, even if they start to shrink due to increased demand. Highest Regular Gas Prices in the Last 36 hours. “The market is feeling a little more hopeful these days, but in the short term, oil and gas prices are going to be very closely related to the successful rollout of COVID vaccines,” Conde said. Costco. The national average held at $2.25 for 12 days before bumping up by a penny. Choose Another State Here’s a selection of Idaho gas prices as of 4/27/21: BOISE – Idaho gas prices are once again on the move, albeit slightly. But the slowdown could be short-lived – increased demand due to the rollout of COVID-19 vaccines and the start of road trip season may push pump prices even higher in the weeks ahead. That’s the highest level since the end of November 2020, which coincided with a modest amount of Thanksgiving travel. “Continued roll-out of the COVID-19 vaccine has given some folks a touch of spring fever, especially with the recent news from the CDC that fully-vaccinated persons can travel in the United States at a fairly low risk to their health,” says AAA Idaho spokesman Matthew Conde. Prices jumped by 10 cents in the Coeur d’Alene area this week, and by four to six cents in other parts of the state. Domestic crude inventories also decreased by nearly six million barrels this week. Meanwhile, Idaho drivers are currently paying $2.22 per gallon, which is four cents less than a month ago and 42 cents less than a year ago. “This week’s cold weather may drop demand even more in the short term, but freezing conditions have also interrupted refinery activity and distribution in parts of the country, which may shrink supply in some areas.”. Idaho currently has the 26th most expensive gas in the country after several months in the 7th to 9th place-range. According to AAA, the Gem State saw the 5th largest year-over-year price drop at 46 cents per gallon of regular gas. If current trends continue, that streak could come to an end as early as this week,” says AAA Idaho spokesman Matthew Conde. According to AAA, Idaho gas prices shot up another 17 cents in the last week – the 2nd-highest jump next to Utah, where prices are up by a quarter. “Lately, the demand for fuel has ebbed and flowed with the rise and fall of COVID-19 infection rates and the deployment of vaccines. 403. That’s 14 cents more than a month ago and eight cents more than a year ago. Midgrade gas: $2.71. If the same customer uses 2,225 kWh during the same time, the energy charge would span all three tiers: 800 kWh × 7.8984 cents (tier 1) = $63.19 If crude prices continue to climb, drivers can expect small increases at the pump throughout April. Here’s a selection of Idaho gas prices as of 3/15/21: BOISE – Idaho gas prices are higher than the national average today. At $56 per barrel, crude is at its highest price in the last year. Tiered pricing means different prices are charged depending how much energy you use. Gas prices are based largely on supply and demand. According to AAA, the Gem State saw the biggest monthly increase in the U.S. with a 20-cent jump in gas prices. Rising demand is the primary cause of the higher prices. Today, the West Texas Intermediate price for a barrel of crude oil is $52 per barrel, which is five dollars more than a month ago and seven dollars cheaper than a year ago. According to AAA, the state average increased by just three cents, the smallest weekly jump since January. Idaho currently ranks 8th in the country for most expensive fuel. Prices have increased in 20 of the last 23 days. The U.S. average is $2.72, which is 30 cents more than a month ago and 28 cents more than a year ago. Here’s a selection of Idaho gas prices as of 3/8/21: BOISE – In a delayed reaction from the effects of winter storms across the Mid-West and Gulf Coast, surging gas prices hit Idaho hard this week. Many Western states, including Idaho, crossed that threshold months ago. While demand is pushing pump prices higher across the country, AAA says that the Gem State doesn’t rely on the pipeline that was targeted. The average value for Idaho during that period was 0.76U.S. On the week, ten states saw prices increase by five to eight cents, but many states, including Idaho, saw increases of only one to three cents. According to AAA, Idaho’s average price went up by four cents this week, while the national average increased by two cents. States experienced a wide range of fluctuating prices this week, from a 15-cent increase in Ohio to a three-cent reduction in Florida. “Those higher replacement costs are beginning to make their way down the supply chain.”. “Crude oil and gasoline demand are growing, and prices were already rising before this incident, so it’s a terrible time to have issues with a major pipeline.”. Here’s a selection of Idaho gas prices as of 1/5/21: AAA: Memorial Day Travel to Rebound to 37 Million. But things were much more volatile at the local level, with significant price jumps in some areas and little or no movement in others. Gasoline prices rose steadily during the first quarter of the year, rising from $2.24 on January 7 to $2.90/gal on May 6, before gradually declining through the rest of the year. Drivers in every state paid more to fill up this week. “No one’s happy about paying more to fill up, but after several weeks in a row of nickel increases and some big double-digit jumps in March, it kind of feels like we got to hit the ‘pause’ button this week,” says AAA Idaho public affairs director Matthew Conde. Today, the Idaho average for regular is $2.30, which is eight cents more than a month ago, but 30 cents less than a year ago. Travelers can use the AAA COVID-19 map for the latest information on state and local restrictions. Idaho Gas Prices (selected cities) – GasBuddy.com. For the first time in nearly a year, Idaho pump prices are now more expensive than they were a year ago. The national average is expected to reach $3 per gallon in the coming days, its most expensive price since November 2014. “Idaho drivers have had to deal with a 20-cent price increase in the span of a month, but some drivers in other parts of the country have seen prices jump that high just in the last week,” says AAA Idaho spokesman Matthew Conde. But after several weeks of rising prices here and across the country, AAA says that things could finally be starting to level off. On the supply side, gasoline stocks increased by 100,000 barrels to reach the 135 million-barrel mark, and the Organization of the Petroleum Exporting Countries (OPEC) recently agreed to increase crude oil production by 2.1 million barrels per day in May and June, which could keep oil prices down and help stabilize the price of finished gasoline. In light of plummeting crude oil prices, U.S. regular retail prices of gasoline fell to 2.43 in 2015 and a record low of 2.14 in 2016. Regular gas: $2.38. Today, WTI crude oil is trading near $50 per barrel, in part due to news that OPEC (Organization of the Petroleum Exporting Countries) will not increase production in February. Currently, Idaho’s average price for gasoline is $2.36 per gallon — 12 cents more than a month ago and 25 cents more than a year ago. OPEC (Organization of the Petroleum Exporting Countries) recently announced plans to increase oil production by 350,000 barrels per day in May, which could further stabilize prices at the pump. “If we see higher crude oil prices over a sustained period of time coupled with a spike in gasoline demand as the warm weather returns, that could pack a serious punch for the family budget in the weeks ahead,” Conde said. According to AAA, gas prices in the Gem State jumped another four cents this week, following the national trend of higher pump prices due to the rising cost of crude oil. Area. Drivers can use the AAA Fuel Price Finder to compare the latest fuel prices at more than 100,000 stations in the United States. “The national average price for fuel has been cheaper year-over-year for 336 days in a row. “With this kind of incredible volatility, there’s a chance that March could bring some of the highest pump prices of 2021.”. U.S. refineries are currently operating near 85 percent of capacity. “This time of year, we would normally anticipate a drop in demand, but some of the activity on the supply side is a little unexpected,” says AAA Idaho spokesman Matthew Conde. Illinois. Idaho prices are sometimes 20 to 30 cents higher than the national average, so we could hit the $3 mark at some point, but time will tell,” Conde said. 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