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Thursday, April 1, 2010

ID Gas Prices 6th Highest In US

A new survey by AAA shows that Idaho gas prices are about 16 cents higher than the national average price - and sixth highest in the country.

The price of regular unleaded gasoline statewide has risen 23 cents in the past month to $2.96 on Wednesday. Nationwide, the average price is $2.80, up just 9 cents in the same period.

AAA says two factors are behind the increase: optimism for an economic recovery in the U.S. and a weaker dollar. Analysts say higher oil and gas futures prices seem to reflect the positive market sentiment in consumer confidence and consumer spending, as well as more promising data from the Energy Information Administration that driver demand is improving.

But officials also say regional variances in gas prices contribute, pointing to refinery activity and efficiencies and the wholesale prices that retailers must pay for petroleum products.

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Kootenai Metropolitan Planning Organization (KMPO) is the Metropolitan Planning Organization for Kootenai County, Idaho. Federal law requires urbanized areas with populations exceeding 50,000 people to have an MPO. KMPO was formed in 2003, to provide coordinated transportation planning within Kootenai county for the public, cities, small towns, the county, the state, transit providers, and the Coeur d'Alene tribe.

KMPO's Board of Directors oversees KMPO for Kootenai County, ID. KMPO's Executive Director and Staff are responsible for day-to-day operational and administrative needs.