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AZ Gas Prices Rise - Ouch! Featured

Arizona gas prices have risen nearly 6¢ per gallon in a week

 

Big Idea

  • Gas prices have risen sharply in Arizona
  • The national average is now at a seven year high
  • OPEC is holding back oil production
  • Arizona’s average is now at $3.33/gal
  • Read more...

 

The upward trend at the pumps will continue for weeks, with no sigh of relief.

 

(October 18, 2021) - Phoenix gas prices have risen 2.4 cents per gallon in the past week, averaging $3.33/g today, according to GasBuddy's daily survey of 1,094 stations in Phoenix. Gas prices in Phoenix are 20.6 cents per gallon higher than a month ago and stand $1.02/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $3.03/g today while the most expensive is $3.89/g, a difference of 86.0 cents per gallon. The lowest price in the state today is $2.76/g while the highest is $4.49/g, a difference of $1.73/g.

The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $3.30/g today. The national average is up 11.1 cents per gallon from a month ago and stands $1.15/g higher than a year ago.

 

Historical gasoline prices in Phoenix and the national average going back ten years:
October 18, 2020: $2.31/g (U.S. Average: $2.15/g)
October 18, 2019: $2.99/g (U.S. Average: $2.66/g)
October 18, 2018: $2.93/g (U.S. Average: $2.86/g)
October 18, 2017: $2.32/g (U.S. Average: $2.44/g)
October 18, 2016: $2.13/g (U.S. Average: $2.23/g)
October 18, 2015: $2.16/g (U.S. Average: $2.26/g)
October 18, 2014: $3.03/g (U.S. Average: $3.11/g)
October 18, 2013: $3.19/g (U.S. Average: $3.35/g)
October 18, 2012: $3.71/g (U.S. Average: $3.73/g)
October 18, 2011: $3.31/g (U.S. Average: $3.46/g) 

 

Neighboring areas and their current gas prices:
Arizona- $3.33/g, up 5.7 cents per gallon from last week's $3.28/g.
Las Vegas- $3.82/g, unchanged  from last week's $3.82/g.
Tucson- $3.13/g, up 0.4 cents per gallon from last week's $3.13/g.

 

"The national average closed the week by climbing to yet another fresh seven year high, as the price of oil continues to drag gas prices along for the wild ride, leaving motorists on empty," said Patrick De Haan, head of petroleum analysis for GasBuddy. "With OPEC holding back oil production and strong global oil demand, the situation will no doubt pave the road with even higher gas prices in the weeks ahead. Until several bottlenecks ease, including supply chains and low global inventories of oil, natural gas and coal, we'll be stuck feeling the pinch of rising oil and gasoline prices. The bad news is that for now, all I see is the upward trend at the pump continuing into the weeks ahead with no sign of relief just yet."

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 Monday, 18 October 2021 06:09
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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