Gas prices on rise again in Idaho
By DAVE CARLSON
AAA Idaho
An uncharacteristic late-year rally in oil
prices has helped boost the national average price for regular
grade gasoline nearly a dime in the past week alone. This week
marks the first time that Idahoans will pay less, on average, than
their national counterparts --going all the way back to January 26
of this year.
Oil moved higher on bullish news late last
week, and gas prices quickly followed suit. Just a day or two
before the rally, it appeared that a stronger U.S. dollar and a
European Union (EU) bailout of Ireland would put downward pressure
on commodity prices. But for the moment, at least, bullish energy
markets suggest oil and gas prices may continue to pick up a head
of steam.
For the past ten months, Idahoans have paid
an average monthly price of 15 cents more per gallon, but there
have been points in time when Gem State motorists were paying as
much as nearly 30 cents a gallon more.