Grumbling about price is a perennial gas pump activity, but right now Idahoans really do have something to complain about. Idaho’s average gas price is at $3.62 per gallon. That’s 27 cents higher than the national average. Idaho's prices are also higher than they were this time last year, while most of the country has gone the opposite direction. Why the difference?
Imagine paying 84 cents per gallon for your commute, compared to today's statewide average of $3.80 in Idaho for a gallon of gas. 84 cents per gasoline gallon equivalent is how much the U.S. Department of Energy figures it costs to recharge an electric car in Idaho. The agency's assistant secretary David Danielson announced an online cost comparison calculator Tuesday for what he calls the "e-Gallon."
If you’ve noticed Idaho’s gas prices edging up in the past week, you’re not alone. After hitting a low of $2.94 earlier this month, AAA Idaho reports the average price per gallon is now $3.06. But even though the rise in prices may not be welcome, it's not surprising.
Gas prices are on the rise throughout the United States. In Idaho, it costs on average about $3.80 a gallon. That’s up from $3.00 a gallon at the start of this year. One reason for this spike has to do with future bets on oil prices.