Idaho gas prices rise again

Idaho gas prices rise again

Including the change in gas prices in Tacoma during the past week, prices were 33.7 cents per gallon higher than the same day one year ago and are 19.1 cents per gallon higher than a month ago.

Last November, a 12-cent increase in the base gasoline excise tax went into effect statewide, pushing the base from 18 cents a gallon to 30 cents.

AAA says high demand for gas and higher oil prices than past year are driving up prices.

The national average price for gasoline is the highest in more than two years, AAA said. "Crude oil is selling at high prices compared to previous years and domestic gasoline demand has been high most of the winter among the factors all driving gas prices up and draining consumers' wallets".

The state average was $2.63 to start the work week. US oil inventories still remain almost 20 percent lower than a year ago as exports remain brisk and OPEC's continued production cuts eat away the previous glut of crude oil.

Gas prices as of Sunday, were 30-cents higher than they were this time past year.

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Even under ideal circumstances, Golden State gas prices were primed to rise.

Be prepared to pay more at the pump, AAA Western and Central New York reported Monday that the national gas price jumped five cents in a week with similar trends here in New York State. Analysts said it was indicative of oil markets' volatility in connection with any real or threatened upheaval in the Middle East.

Hawaii, HI, April 16- Average retail gasoline prices in Hawaii have fallen 4.6 cents per gallon in the past week, averaging $3.73/g yesterday, according to GasBuddy's daily survey of 355 gas outlets in Hawaii. "But the recent OPEC cuts have made that a little tighter".

"The seasonal surge at gas pumps is in full motion, causing the most dreaded time of year for fearful motorists, especially of what may still be coming", said Patrick DeHaan, spokesman for GasBuddy.

That means, "the reasons gas prices rise will shrink", DeHaan said.

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