SPOKANE, Wash. — A bit of relief at the pump for drivers in Spokane this week.
According to gas surveyor GasBuddy, the price of gas fell almost nine cents last week to $3.58 a gallon.
That price is 17 cents lower than a month ago and almost 29 cents lower than this time last year.
Diesel has also fallen five cents to $3.55 a gallon on average.
In Idaho, the price of gas remained unchanged at $3.15 on average.
“As concerns over tariffs and policy uncertainties grow, gas prices have continued to decline across much of the country, raising the possibility that the national average could slip below $3 per gallon and approach some of the lowest prices seen in years,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“However, this decline shouldn’t necessarily be celebrated, as it comes with strong warning signs. When the economy slows, gasoline demand drops— along with demand for other refined products like diesel and jet fuel. We’ve already seen some signals that the months ahead could be challenging. All of this suggests that gas prices are likely to remain low for now. However, if economic conditions improve, gas prices could eventually follow suit and start rising again.”
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