Gas Prices Are Up 27 Cents in Boise in This Past Month
Nope, it's not your imagination! Gas prices are rising nationwide. Here in Boise gas prices jumped 26.6 cents per gallon over the last month, according to GasBuddy. It appears there's an upward trend here too. Just in the past week prices increased 2.5 cents.
According to AAA, the average price for regular gas in Idaho on Tuesday was $2.40 per gallon. National prices for unleaded fuel averaged slightly above at $2.46 per gallon which is up from $2.30 per gallon in early January. The AAA also reported that Saturday, Febuary 6th, “was the first time in 340 days the national average was more expensive than a year ago. Today, nearly two-thirds of all state gas price averages are more expensive year-over-year."
Apparently there are many factors to blame for the uptick in oil prices, but Patrick De Haan, head of petroleum analysis for GasBuddy says "at the foundation of the rise is the fact that the coronavirus situation continues to improve, pushing global oil demand higher as production continues to lag, pushing U.S. gas prices higher."
There is about a 28 cent spread of ranging gas prices in the Treasure Valley so if you're on the hunt for the cheapest be sure to check out the GasBuddy app before filling up. As of Tuesday evening, the cheapest unleaded gas can be found in Eagle at the Sinclair gas station off of State St near Park Ln. Avoid the Chevron off of US-26 & Middleton Rd as it currently is selling the most experience gas in the Treasure Valley at $2.55 per gallon.