BOISE – (September 18, 2023) – Idaho drivers saw little change at the pump this week, but with the cost of crude oil now at a 10-month high, gas prices could be on the move soon – for the worse.
According to AAA, the West Texas Intermediate benchmark for crude oil is currently trading near $91 per barrel, the most since November of last year.
Soaring crude has already pushed the national average price for regular gas to $3.88 per gallon, which is a nickel more than a week ago, a penny more than a month ago and 20 cents more than a year ago. For now, Idaho’s average is holding steady at $4.15 per gallon, which is half a penny less than a week ago, four cents more than a month ago, but 27 cents less than a year ago.
“Idaho gas prices aren’t climbing right now, but with the price of fill-ups increasing in other parts of the country, the seasonal savings that usually come after Labor Day are nowhere in sight,” says AAA Idaho public affairs director Matthew Conde. “It feels like we’ve been marooned on a desert island, but unlike Gilligan’s Island, nobody’s laughing.”
More information can be found in the attached release.