BOISE, Idaho — Gas prices in Boise have dropped four cents, according to GasBuddy's survey of over 216 stations in the area.
The new average price for a gallon of gas sits at $3.53 per gallon on Monday, which is four cents lower than a month ago and 59 cents per gallon lower than a year ago.
Diesel has also dropped in price, and sits at $3.55 per gallon.
In Boise, the cheapest station was priced at $3.16 per gallon on Sunday, whereas the most expensive was priced at $3.69, a difference of 53 cents.
In the Gem State, the cheapest station was priced at $3.10 per gallon, and the most expensive was priced at $4.39 per gallon, a different of $1.29 per gallon.
Nationally, the average price for a gallon of gas has risen just about one cent, marking a new average price of $3.16 per gallon. That price is down 19 cents from a month ago, and is 67 cents lower than a year ago, according to GasBuddy's survey of over 11 million weekly price reports.
"With oil prices jumping after the U.S. Federal Reserve cut interest rates by a larger-than-expected half percent, we've seen some states where gas prices have inched back up, while others have continued to decline. Most of these increases should be temporary with declines returning in the days and weeks ahead," said Patrick De Haan, head of petroleum analysis at GasBuddy. "In addition, for California and areas of Nevada and western Arizona, areas that had been left out of the recent drops, refinery issues are improving and gas prices should start moving lower. While the future looks good for gas prices to continue trending lower for most in the weeks ahead, oil's jump may mute the downside potential just a bit — for now."
Historical gasoline prices in Boise going back ten years:
- September 23, 2023: $4.12/g
- September 23, 2022: $4.40/g
- September 23, 2021: $3.84/g
- September 23, 2020: $2.39/g
- September 23, 2019: $2.73/g
- September 23, 2018: $3.16/g
- September 23, 2017: $2.81/g
- September 23, 2016: $2.46/g
- September 23, 2015: $2.73/g
- September 23, 2014: $3.70/g
Neighboring areas and their current gas prices:
Idaho- $3.50/g, down 4.4 cents per gallon from last week.
Ogden- $3.49/g, down 9.6 cents per gallon from last week.
Oregon- $3.63/g, down 4.8 cents per gallon from last week.
