Wednesday, October 09, 2024
52.0°F

Deep freeze cools gas prices

| January 31, 2023 1:00 AM

COEUR d'ALENE — Monday’s average price for a gallon of regular in the Gem State was $3.44 per gallon, which is a nickel more than a week ago, but the same price as a month ago.

Meanwhile, the national average sits at $3.51 per gallon, which is 9 cents more than a week ago and 33 cents more than a month ago.

Idaho ranks 21st in the country for most expensive fuel.

Kootenai County gas prices continue to range from about $3.10 to $3.30 for a gallon of regular unleaded.

While Idaho’s average price sharply increased at the beginning of last week, it has held steady for the past five days. Frigid temperatures could be lending a helping hand.

“In some parts of the U.S., it’s being called ‘the winter that wasn’t,’ and Americans have fueled up to take advantage of milder-than-expected weather. But here in Idaho, we’ve been feeling the chill, which could be curbing regional demand and keeping pump prices from rising as quickly as they have in other parts of the country,” said AAA Idaho public affairs director Matthew Conde. “But the combination of high crude oil costs and extremely cold weather could make the price of fill-ups a little wobbly this week.”

Gas prices surged this week in areas like the Treasure Valley (+10 cents), the Magic Valley (+6 cents), Pocatello (+7 cents), Lewiston (+10 cents) and Franklin (+12 cents), but they’ve been steadier in places like Coeur d’Alene and Idaho Falls.