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Arizona Gas Prices Up Almost 6¢ Featured

Arizona gas prices rise after the oil prices advance to highest prices in seven years

 

Big Idea

  • Arizona gas prices are almost a dollar higher than they were a year ago
  • The cheapest station in Phoenix is $2.99/g, the highest is $3.89/g
  • The lowest price in Arizona is $2.75/g, the highest is $4.49/g 
  • Oil prices have advanced to their highest in seven years
  • Read more...

 

(October 11, 2021) - Phoenix gas prices have risen 8.4 cents per gallon in the past week, averaging $3.30/g today, according to GasBuddy's daily survey of 1,094 stations in Phoenix. Gas prices in Phoenix are 16.1 cents per gallon higher than a month ago and stand 97.6 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $2.99/g today while the most expensive is $3.89/g, a difference of 90.0 cents per gallon. The lowest price in the state today is $2.75/g while the highest is $4.49/g, a difference of $1.74/g.

The national average price of gasoline has risen 5.2 cents per gallon in the last week, averaging $3.25/g today. The national average is up 7.5 cents per gallon from a month ago and stands $1.08/g higher than a year ago.

 

Historical gasoline prices in Phoenix and the national average going back ten years:
October 11, 2020: $2.32/g (U.S. Average: $2.16/g)
October 11, 2019: $2.99/g (U.S. Average: $2.64/g)
October 11, 2018: $2.92/g (U.S. Average: $2.90/g)
October 11, 2017: $2.34/g (U.S. Average: $2.47/g)
October 11, 2016: $2.12/g (U.S. Average: $2.25/g)
October 11, 2015: $2.20/g (U.S. Average: $2.31/g)
October 11, 2014: $3.14/g (U.S. Average: $3.21/g)
October 11, 2013: $3.21/g (U.S. Average: $3.33/g)
October 11, 2012: $3.71/g (U.S. Average: $3.81/g)
October 11, 2011: $3.29/g (U.S. Average: $3.39/g) 

 

 

 

Neighboring areas and their current gas prices:
Arizona- $3.27/g, up 5.9 cents per gallon from last week's $3.21/g.
Las Vegas- $3.82/g, down 2.3 cents per gallon from last week's $3.84/g.
Tucson- $3.11/g, up 2.2 cents per gallon from last week's $3.09/g.

 

 

 

"Last week saw oil prices advance to their highest in seven years, with a barrel of West Texas Intermediate crude oil surpassing the critical $80 per barrel level. The nation's gas prices were also pushed to their highest since 2014, all on OPEC's decision not to raise production more than it already agreed to in July," said Patrick De Haan, head of petroleum analysis for GasBuddy. "The OPEC decision caused an immediate reaction in oil prices, and amidst what is turning into a global energy crunch, motorists are now spending over $400 million more on gasoline every single day than they were just a year ago. The problems continue to relate to a surge in demand as the global economy recovers, combined with deep cuts to production from early in the pandemic. If Americans can’t slow their appetite for fuels, we've got no place for prices to go but up."

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

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Last modified on Wednesday, 13 October 2021 02:58
Published in Arizona News
Patrick De Haan

Patrick De Haan is the head of petroleum analysis for GasBuddy, and has developed into the leading source for reliable and accurate information on gas price hikes. Recognized as a gasoline price expert, Patrick brings to GasBuddy and our readers all his assets to help consumers by giving reliable and accurate price forecasts.The San Jose Mercury News dubbed Patrick "one of the nation's most accurate forecasters" in 2012.

Besides keeping people up-to-date on the best local gas prices, GasBuddy also offers other ways to save money at the pump.

https://www.gasbuddy.com

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