Monday, January 22, 2024

Nearly a dime less, gas prices fall again in Boise - KTVB.com

With a 9.7-cent dip, Boise is seeing an average gas price of $2.98 per gallon.

BOISE, Idaho — According to GasBuddy, gasoline prices in Boise have fallen nearly 10 cents in the last week. The new average price for a gallon of gas was $2.98 per gallon, as of Monday. 

GasBuddy surveys 216 gas stations in Boise. The survey showed that prices in Boise were 29 cents per gallon less than one month ago and 42 cents lower than a year ago.

The cheapest station for fuel in Boise was priced at $2.83 per gallon, and the most expensive was $3.29, a 46-cent difference. Statewide, the lowest price was $2.35 per gallon, and the highest price was $3.59 per gallon, a difference of $1.24. 

"We continue to see gasoline prices bouncing off lows, only to re-test them again and again. While prices jumped in some places, it's being offset by drops elsewhere, and that has kept alive the possibility of briefly seeing the national average fall to the lowest level since 2021," said Patrick De Haan, head of petroleum analysis at GasBuddy.

The national price of diesel gasoline fell roughly 2 cents per gallon since last Monday, bringing the total to $3.87. For unleaded gasoline, the average national price was $3.03 per gallon on Monday. 

"We remain just a nickel or so away from a $2.99 national average, and while the window of opportunity continues to slowly close, with refiners now starting the purge of winter gasoline on the West Coast, we still have a low-level chance of getting there. But make no mistake- if we do see a national average of $2.99 per gallon, it won't last long as we start to turn the corner and get closer to the start of the transition to summer gasoline," De Haan continued. 

Historical gasoline prices in Boise and the national average going back ten years:

  • January 22, 2023: $3.40/g (U.S. Average: $3.39/g)
  • January 22, 2022: $3.58/g (U.S. Average: $3.33/g) 
  • January 22, 2021: $2.33/g (U.S. Average: $2.39/g) 
  • January 22, 2020: $2.51/g (U.S. Average: $2.53/g) 
  • January 22, 2019: $2.29/g (U.S. Average: $2.27/g) 
  • January 22, 2018: $2.62/g (U.S. Average: $2.54/g) 
  • January 22, 2017: $2.33/g (U.S. Average: $2.30/g) 
  • January 22, 2016: $2.07/g (U.S. Average: $1.84/g) 
  • January 22, 2015: $1.86/g (U.S. Average: $2.03/g) 
  • January 22, 2014: $3.24/g (U.S. Average: $3.27/g)

Neighboring areas and their current gas prices:
Idaho- $2.91/g, down roughly 11 cents per gallon from last week
Ogden- $2.60/g, down roughly 6 cents per gallon from last week
Oregon- $3.57/g, down roughly 8 cents per gallon from last week

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