Will the End of Dog Days of Summer Ease Gas Prices in Idaho?
The ‘dog days of summer’ are officially over on August 11th. When demand slows down, usually the gas prices do too. But with crude oil remaining at above $82 per barrel, the date may not reflect as much change as consumers would like. Evidently, prices don’t always pay attention to a calendar.
It’s always good to have all the information for motorists ready for the asking. AAA keeps a pretty good track of traffic trends. The Gem State’s average gas price is $4.02. Twin Falls County sits at $3.98, Cassia County at $3.99, Jerome County at $3.95 and Gooding County at $3.91. Fremont County sits at the highest average in Idaho with $4.41 per gallon, though Camas County’s average at $4.34 is nothing to admire either.
With a national average of $3.82, Idaho continues the distinct honor of consistently running above the national average. Not the best time to be leading the nation in something. Idaho is in the top 10 for most expensive gas prices. With OPEC+ recently announcing that crude oil will continue at the current production cuts status, there won’t be any help to the wallet quickly.
The weather hasn’t assisted in this issue either. Extreme heat helped drive prices up because refineries pulled back production. With temperatures dropping to safe levels for workers, production will rise and prices fall…eventually. Fuel demand is not slowing significantly, so we may not see any noticeable drop in price per gallon until after Labor Day.