BOISE, Idaho — The average price for a gallon of gas in Boise has dropped below $3.
According to GasBuddy, Boise area gas prices have dropped by 12.5 cents in the past week, marking a new average price of $2.99 per gallon on Monday.
Prices in Boise are 39 cents lower than a month ago and 61 cents lower than a year ago.
The cheapest station in Boise, according to GasBuddy, was priced at $2.70 per gallon on Sunday and the most expensive was priced at $3.29 per gallon, a difference of 59 cents.
For the Gem State, the cheapest price was $2.70 per gallon on Sunday and the most expensive was $4.19 per gallon, a difference of $1.49 per gallon.
Nationally, the average price for a gallon of gas has dropped by 1.4 cents, making an average of $3.01 on Monday, GasBuddy said.
"Ahead of Thanksgiving, motorists continue to be teased by the prospect of a $2.99 per gallon national average, a level now seen in 32 states. But for the last few weeks, the stars just haven’t quite aligned," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"Last week, Russia's threats after Ukraine used long-range U.S. missiles pushed oil prices back above $70 per barrel. Now, some promotions ahead of Thanksgiving are pushing gas prices back down, even as oil remains elevated. For now, we're just pennies away from the national average falling to $2.99, but for a third year, we may again fall short. As Americans prepare to hit the road for Thanksgiving, we're seeing the lowest national average price of gasoline since 2021, with a far better economic picture than when gas prices were last this low," De Haan said.
Historical gasoline prices in Boise and the national average going back ten years, as provided by GasBuddy:
- November 25, 2023: $3.60/g (U.S. Average: $3.24/g)
- November 25, 2022: $4.16/g (U.S. Average: $3.55/g)
- November 25, 2021: $3.78/g (U.S. Average: $3.38/g)
- November 25, 2020: $2.22/g (U.S. Average: $2.12/g)
- November 25, 2019: $3.01/g (U.S. Average: $2.60/g)
- November 25, 2018: $2.87/g (U.S. Average: $2.53/g)
- November 25, 2017: $2.67/g (U.S. Average: $2.50/g)
- November 25, 2016: $2.28/g (U.S. Average: $2.12/g)
- November 25, 2015: $2.20/g (U.S. Average: $2.05/g)
- November 25, 2014: $3.08/g (U.S. Average: $2.80/g)
Neighboring areas and their current gas prices:
Idaho- $3.05/g, down 9.1 cents per gallon from last week's $3.14/g.
Ogden- $2.99/g, down 5.2 cents per gallon from last week's $3.04/g.
Oregon- $3.48/g, up 0.5 cents per gallon from last week's $3.47/g.
