BOISE, Idaho — Yet another week of declining gas prices for Boise, as the area sees a three cent drop in fuel prices.
Over the past week, gas prices in Boise have dropped three cents, marking a new average of $3.37 per gallon on Monday, according to GasBuddy.
Prices in Boise are 12 cents lower than a month ago, and are 48 cents lower than a year ago, GasBuddy said.
The cheapest station in Boise was priced at $2.98 per gallon on Sunday, while the most expensive was priced at $3.69 per gallon, a difference of 71 cents.
In the Gem State, the lowest priced station came in at $2.92 per gallon on Sunday, and the most expensive came in at $3.99, a difference of $1.07 per gallon.
As for diesel, prices continue to drop. Diesel dropped roughly 3 cents in price over the week, and stands at $3.54 per gallon on Monday - which is the lowest price in over 1,100 days, GasBuddy reports.
The national average for gasoline has also dropped, by roughly 5 cents. The new national average price for a gallon of gas is now priced at $3.07 per gallon.
"The national average price of gasoline has continued its decline over the last week as oil prices have sunk due to Israel avoiding attacks on Iran's oil infrastructure, and seasonal decreases in demand are pushing gasoline lower, as is normal for this time of year. In addition to gasoline prices falling to their lowest level since January, the average price of diesel has now fallen to its lowest level in over three years," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While many Americans may incorrectly credit the upcoming election for the declines, politicians have little influence over the strong seasonal forces that drive prices lower in autumn. With winter gasoline soon to reach the rest of California, and demand continuing to decline as Americans grapple with colder weather, the drop in demand is pushing gas prices down—not politicians on either side, as much as they might like to think they do. I expect the decline in gas prices will continue into and even beyond the upcoming election."
Historical gasoline prices in Boise and the national average going back ten years, provided by GasBuddy:
- October 28, 2023: $3.85/g (U.S. Average: $3.47/g)
- October 28, 2022: $4.30/g (U.S. Average: $3.74/g)
- October 28, 2021: $3.79/g (U.S. Average: $3.39/g)
- October 28, 2020: $2.25/g (U.S. Average: $2.14/g)
- October 28, 2019: $2.95/g (U.S. Average: $2.60/g)
- October 28, 2018: $3.06/g (U.S. Average: $2.81/g)
- October 28, 2017: $2.70/g (U.S. Average: $2.46/g)
- October 28, 2016: $2.45/g (U.S. Average: $2.21/g)
- October 28, 2015: $2.36/g (U.S. Average: $2.19/g)
- October 28, 2014: $3.32/g (U.S. Average: $3.02/g)
Neighboring areas and their current gas prices:
Idaho- $3.33/g, down 5.6 cents per gallon from last week's $3.39/g.
Ogden- $3.35/g, down 5.8 cents per gallon from last week's $3.41/g.
Oregon- $3.58/g, down 3.3 cents per gallon from last week's $3.61/g.