Big Idea

• Ida caused the loss of over 30 mission barrels of oil production in the Gulf of Mexico
• Gasoline demand remains relatively high for the season
• Oil inventories are relatively tight, preventing any organized decline in gas prices
• Arizona gas prices have a low of $2.66/g and a high of $4.39/g
• Read more...

Arizona has the 19th lowest gas prices in the country

(September 20, 2021) - Phoenix gas prices are unchanged  in the past week, averaging $3.12/g today, according to GasBuddy's daily survey of 1,094 stations in Phoenix. Gas prices in Phoenix are 2.7 cents per gallon higher than a month ago and stand 77.2 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $2.81/g today while the most expensive is $3.69/g, a difference of 88.0 cents per gallon. The lowest price in the state today is $2.66/g while the highest is $4.39/g, a difference of $1.73/g.

The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.18/g today. The national average is up 1.8 cents per gallon from a month ago and stands $1.01/g higher than a year ago.

Historical gasoline prices in Phoenix and the national average going back ten years:
September 20, 2020: $2.35/g (U.S. Average: $2.16/g)
September 20, 2019: $3.00/g (U.S. Average: $2.67/g)
September 20, 2018: $2.86/g (U.S. Average: $2.85/g)
September 20, 2017: $2.37/g (U.S. Average: $2.58/g)
September 20, 2016: $2.09/g (U.S. Average: $2.21/g)
September 20, 2015: $2.32/g (U.S. Average: $2.29/g)
September 20, 2014: $3.28/g (U.S. Average: $3.34/g)
September 20, 2013: $3.33/g (U.S. Average: $3.48/g)
September 20, 2012: $3.74/g (U.S. Average: $3.84/g)
September 20, 2011: $3.41/g (U.S. Average: $3.57/g) 

Neighboring areas and their current gas prices:
Arizona- $3.17/g, up 1.7 cents per gallon from last week's $3.16/g.
Las Vegas- $3.92/g, down 3.3 cents per gallon from last week's $3.95/g.
Tucson- $3.04/g, up 0.6 cents per gallon from last week's $3.03/g.



"Gas prices have been stuck in somewhat of a limbo and remain near 2021 highs long after Hurricane Ida has dissipated. The damage done to oil production has been left behind and so far has prevented prices from resuming their seasonal decline," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Ida caused the loss of over 30 million barrels of oil production in the Gulf of Mexico, and with gasoline demand remaining relatively high for the season, oil inventories remain relatively tight, preventing any organized decline in gas prices for the time being. As a result, we may have to wait a couple more weeks until hurricane season slows for oil inventories to start to rise and gas prices to fall."

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.

SOURCE GasBuddy

###