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AZ Gas Prices Down 0.6¢ Featured

Arizona gas prices are still over $1 more than they were a year ago

Big Idea

  • The price of oil pushed into territory unseen in over seven years as West Texas Intermediate (WTI) crude hit $88 per barrel
  • Lowest price in Arizona was $2.85/gal, while the highest was $4.69/g
  • The national average price of gas has risen 2.9¢ in the last week
  • Once the weather starts to turn and warm gradually, prices are likely to rise further
  • Read more…

 

You can get gas for $2.85/g in Arizona. You just have to go to Bullhead City to find it.

(January 31, 2022) - Average gasoline prices in Phoenix have fallen 1.6 cents per gallon in the last week, averaging $3.61/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 8.3 cents per gallon lower than a month ago and stand $1.16/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix was priced at $3.12/g yesterday while the most expensive was $4.29/g, a difference of $1.17/g. The lowest price in the state yesterday was $2.85/g while the highest was $4.69/g, a difference of $1.84/g.

So, where do you have to go in Arizona to get gas at $2.85/g? It’s at the Fastrip station in Bullhead City.

The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $3.34/g today. The national average is up 6.8 cents per gallon from a month ago and stands 92.8 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

 

 

Historical gasoline prices in Phoenix and the national average going back ten years:
January 31, 2021: $2.45/g (U.S. Average: $2.42/g)
January 31, 2020: $2.97/g (U.S. Average: $2.47/g)
January 31, 2019: $2.47/g (U.S. Average: $2.27/g)
January 31, 2018: $2.35/g (U.S. Average: $2.59/g)
January 31, 2017: $2.11/g (U.S. Average: $2.27/g)
January 31, 2016: $1.77/g (U.S. Average: $1.80/g)
January 31, 2015: $1.87/g (U.S. Average: $2.05/g)
January 31, 2014: $3.23/g (U.S. Average: $3.27/g)
January 31, 2013: $3.26/g (U.S. Average: $3.43/g)
January 31, 2012: $3.41/g (U.S. Average: $3.44/g)

 

Neighboring areas and their current gas prices:
Arizona- $3.54/g, down 0.6 cents per gallon from last week's $3.55/g.
Las Vegas- $3.75/g, up 0.6 cents per gallon from last week's $3.75/g.
Tucson- $3.33/g, down 1.4 cents per gallon from last week's $3.35/g. 

The states with the lowest average prices: Mississippi ($2.98), Arkansas ($2.99), and Texas($2.99).
The states with the highest prices: California ($4.62), Hawaii ($4.37), and Washington ($3.92).

 

“The price of oil pushed into territory unseen in over seven years as WTI crude hit $88 per barrel, which continues to drag gasoline prices higher. With continued concerns over geopolitical tensions and crude oil supply, the small yet noticeable increases are likely to continue," said Patrick De Haan, head of petroleum analysis at GasBuddy. "The only factor keeping gas prices from rising more substantially is that gasoline demand remains low as winter storms keep motorists closer to home. Once the weather starts to turn and warm gradually, we'll lose the only restraint to larger price increases.”

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 and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline 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://prices.GasBuddy.com.

SOURCE GasBuddy

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Last modified on Monday, 31 January 2022 08:29
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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