Could war tensions between Iran and Israel affect Idaho's gas prices? Possibly. Here's how [Yahoo! Finance]
Costco Wholesale Corporation (COST)
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Source: Yahoo! Finance
While the war is thousands of miles from the quiet streets of the Treasure Valley, Iran's actions this past weekend may still affect Idahoans in a way that hits pretty close to home: our pockets. Oil experts were concerned that Iran's attack could spike crude oil prices, resulting in higher gas prices back home. Although the United States doesn't import nearly as much crude oil from Iran as it did in the 1970s and 80s, the latest data from the U.S. Energy Administration shows that the U.S. was importing 24,000 barrels of crude oil per day from Iran in October 2023. “With Iran's attack on Israel over the weekend, the stakes couldn't have been higher for a major potential impact on oil and gasoline prices,” Patrick De Haan, head of petroleum analysis at GasBuddy , stated in a news release. Rising Boise gas prices Gas prices across the nation have spiked over the past week, rising 3.1 cents per gallon to $3.60 per gallon on average, according to GasBuddy. It's even more expens
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website