Gem State pump prices clear $3.50 average


By Associated Press

BOISE, ID (AP) The average price for a gallon of gas in Idaho has cleared the $3.50 mark, bringing Gem State pump prices closer to record highs reached in 2008.

AAA Idaho reports Idaho's pump price for regular-grade gas was
$3.51, up three cents from last week but still 12 cents below the
national average.

Lewiston reported the state's highest price at $3.60 and biggest
increase, up 7 cents from last week, among the six cities surveyed.

Idaho Falls checked in with the lowest price at $3.45.

AAA says some of the increase is due to the annual draw down of
gas inventories as traders empty winter blend stocks to make way
for a mandated switch to pricier summer blends.

Idaho pump prices reached $3.75 per gallon in May 2008.

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