SPOKANE, Wash — It’s an early Christmas present for holiday travelers, gas prices are down again this week across the Inland Northwest.
Gas prices are down 9.1 cents per gallon in Spokane this week, sitting at $3.55/g Monday. According to GasBuddy, these prices are 18.6 cents lower than last month but still 5.7 cents higher than one year ago. Prices in Coeur d’Alene saw a steeper drop this week. According to AAA, the average price for a gallon of gas is 13 cents lower than last week, sitting at $2.79, which is equal to the national average.
“For a fourth straight week, the national average price of gasoline has declined, as conditions remain ripe for some of the lowest seasonal gas prices in five years,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Oil prices continue to struggle amid rising U.S., Canadian, and OPEC+ oil production, while refinery output remains near some of the highest seasonal levels in years— factors that are likely to keep gas…..