BOISE – Idaho gas prices took another step in the right direction this week.  According to AAA, today’s average price for a gallon of regular is $3.83, which is seven cents less than a week ago, 26 cents less than a month ago, and 53 cents cheaper than a year ago.

Meanwhile, the national average currently sits at $3.42 per gallon, which is eight cents less than a week ago, 32 cents less than a month ago, and 38 cents less than a year ago.

Idaho currently ranks 8th in the country for most expensive fuel behind California ($5.15), Hawaii ($4.74), Washington ($4.61), Nevada ($4.49), Oregon ($4.27), Alaska ($4.16), and Arizona ($3.86).  Today, six states are under the $3 mark, with Texas leading the way at $2.88 per gallon.

“Fuel demand dipped slightly this week, but the bigger source of savings was lower crude oil prices,” says AAA Idaho public affairs director Matthew Conde.  “Unfortunately, given the current instability in the Middle East, it’s difficult to predict how the cost of crude will look from week-to-week or even from day-to-day.  But one thing is certain – the lower crude and gas prices go, the better our starting point will be next year.”

The West Texas Intermediate benchmark for crude oil is currently trading near $82 per barrel after soaring to nearly $90 per barrel just two weeks ago.  Continued market volatility could affect the cost of crude in coming weeks, which makes up more than half the price of finished gasoline.

“As you make your Thanksgiving shopping lists, consider buying turkey day snacks and groceries at stores that offer fuel rewards points,” Conde suggested.  “Every little bit helps, and you may be able to keep a few more of your hard-earned dollars in your pocket the next time you fill up.”

Here’s a look at Idaho gas prices as of 11/6/23:

  • Boise – $3.85
  • Coeur d’Alene – $3.92
  • Franklin – $3.81
  • Idaho Falls – $3.80
  • Lewiston – $3.89
  • Pocatello – $3.68
  • Rexburg – $3.88
  • Twin Falls – $3.81