Gasoline demand is still well below previous records.
Big Idea
- Prices in Phoenix have risen 75¢ per gallon in the last month
- Santa Cruz County has the lowest gas price in the state in Rio Rico
- Prescott prices are lower than Phoenix prices - gas up before you head to the big city!
- Diesel finally dipped slightly
- Read more...
"Prices are just one potential supply jolt away from heading even higher..."
(June 13, 2022) - Average gasoline prices in Phoenix have risen 19.6 cents per gallon in the last week, averaging $5.62/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 75.4 cents per gallon higher than a month ago and stand $2.52/g higher than a year ago. The price of diesel has fallen 4.0 cents nationally in the past week and stands at $5.50 per gallon.
According to GasBuddy price reports, the cheapest station in Phoenix was priced at $5.29/g yesterday while the most expensive was $6.09/g, a difference of 80.0 cents per gallon. The lowest price in the state yesterday was $3.99/g in Rio Rico (where’s that???) while the highest was $6.29/g, a difference of $2.30/g.
The national average price of gasoline has risen 15.7 cents per gallon in the last week, averaging $5.01/g today. The national average is up 57.1 cents per gallon from a month ago and stands $1.94/g 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:
June 13, 2021: $3.10/g (U.S. Average: $3.07/g)
June 13, 2020: $2.36/g (U.S. Average: $2.10/g)
June 13, 2019: $3.04/g (U.S. Average: $2.70/g)
June 13, 2018: $3.12/g (U.S. Average: $2.90/g)
June 13, 2017: $2.26/g (U.S. Average: $2.32/g)
June 13, 2016: $2.20/g (U.S. Average: $2.38/g)
June 13, 2015: $2.74/g (U.S. Average: $2.80/g)
June 13, 2014: $3.52/g (U.S. Average: $3.65/g)
June 13, 2013: $3.50/g (U.S. Average: $3.63/g)
June 13, 2012: $3.59/g (U.S. Average: $3.54/g)
Neighboring areas and their current gas prices:
Arizona- $5.31/g, up 17.0 cents per gallon from last week's $5.14/g.
Las Vegas- $5.56/g, up 17.8 cents per gallon from last week's $5.38/g.
Tucson- $4.79/g, up 19.9 cents per gallon from last week's $4.59/g.
“For the first time ever, last week saw the national average reach the $5 per gallon mark, as nearly every one of the nation's 50 states saw prices jump. For now, the upward momentum may slow down, but prices are still just one potential supply jolt away from heading even higher," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Gasoline demand, while rising seasonally, is still well below previous records, but remains impressive with prices in all states at record levels. Should the rise in price finally start to slow demand, we could see some breathing room, but for now, it seems like Americans are proving resilient to record highs."
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
