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Arizona Gas Prices Drop Slightly Featured

Arizona gas prices are still more than $2 higher than they were a year ago

Big Idea

  • Gas prices are averaging over $5 per gallon in Arizona
  • That’s more than $2 higher than a year ago
  • Gas prices will be at their highest July 4th level ever
  • Motorists should be wary
  • Read more…

 

No real relief in the near future

Average gasoline prices in Phoenix have fallen 11.2 cents per gallon in the last week, averaging $5.57/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 35.0 cents per gallon higher than a month ago and stand $2.49/g higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.

According to GasBuddy price reports, the cheapest station in Phoenix was priced at $4.95/g yesterday while the most expensive was $6.09/g, a difference of $1.14/g. The lowest price in the state yesterday was $4.42/g while the highest was $6.09/g, a difference of $1.67/g.

The national average price of gasoline has fallen 8.8 cents per gallon in the last week, averaging $4.88/g today. The national average is up 28.3 cents per gallon from a month ago and stands $1.79/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 27, 2021: $3.08/g (U.S. Average: $3.09/g)
June 27, 2020: $2.40/g (U.S. Average: $2.17/g)
June 27, 2019: $2.93/g (U.S. Average: $2.71/g)
June 27, 2018: $3.08/g (U.S. Average: $2.85/g)
June 27, 2017: $2.23/g (U.S. Average: $2.24/g)
June 27, 2016: $2.23/g (U.S. Average: $2.30/g)
June 27, 2015: $2.71/g (U.S. Average: $2.78/g)
June 27, 2014: $3.56/g (U.S. Average: $3.68/g)
June 27, 2013: $3.50/g (U.S. Average: $3.52/g)
June 27, 2012: $3.43/g (U.S. Average: $3.37/g)

Neighboring areas and their current gas prices:
Arizona- $5.29/g, down 10.7 cents per gallon from last week's $5.40/g.
Las Vegas- $5.48/g, down 7.6 cents per gallon from last week's $5.55/g.
Tucson- $4.92/g, down 4.8 cents per gallon from last week's $4.97/g. 

 

 

"With Independence Day a week away, gas prices have continued to fall for the second straight week as the price of oil has faltered, ushering in the drop we're seeing. The good news is we could also see a third straight week of decline," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While prices will be at their highest July 4th level ever, they'll have fallen close to 20 cents since our peak in early June. Motorists should be wary that while the decline could continue for the week ahead, any sudden jolts to supply could quickly cause a turnaround, and risk remains that when the peak of hurricane season arrives, we could see a super spike at the pump."

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 Tuesday, 28 June 2022 01:10
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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