Gas prices fell again last week, but will it continue to do so?
- Average gas prices fell in Arizona last week
- Prices are still more than 80¢ higher than they were a year ago
- However, OPEC has decided to cut oil production
- Gas prices may be contingent on where you are.
- Read more...
It’s a very mixed bag for motorists in the week ahead
Average gasoline prices in Phoenix have fallen 3.1 cents per gallon in the last week, averaging $3.96/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 33.1 cents per gallon lower than a month ago and stand 88.9 cents per gallon higher than a year ago. The national average price of diesel has declined 2.0 cents in the last week and stands at $5.02 per gallon.
According to GasBuddy price reports, the cheapest station in Phoenix was priced at $3.55/g yesterday while the most expensive was $4.49/g, a difference of 94.0 cents per gallon. The lowest price in the state yesterday was $3.13/g while the highest was $6.09/g, a difference of $2.96/g.
The national average price of gasoline has fallen 7.7 cents per gallon in the last week, averaging $3.75/g today. The national average is down 29.5 cents per gallon from a month ago and stands 57.6 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:
September 6, 2021: $3.07/g (U.S. Average: $3.17/g)
September 6, 2020: $2.38/g (U.S. Average: $2.20/g)
September 6, 2019: $2.90/g (U.S. Average: $2.56/g)
September 6, 2018: $2.85/g (U.S. Average: $2.85/g)
September 6, 2017: $2.33/g (U.S. Average: $2.67/g)
September 6, 2016: $2.06/g (U.S. Average: $2.19/g)
September 6, 2015: $2.46/g (U.S. Average: $2.40/g)
September 6, 2014: $3.36/g (U.S. Average: $3.44/g)
September 6, 2013: $3.34/g (U.S. Average: $3.57/g)
September 6, 2012: $3.69/g (U.S. Average: $3.82/g)
Neighboring areas and their current gas prices:
Arizona- $3.91/g, down 5.6 cents per gallon from last week's $3.97/g.
Las Vegas- $4.78/g, down 3.6 cents per gallon from last week's $4.81/g.
Tucson- $3.59/g, down 12.6 cents per gallon from last week's $3.72/g.
"The national average has declined for 12 straight weeks, the longest tally since 2018, and it could soon eclipse that mark if we see two more weeks of decline. Though, that may be more challenging given OPEC's decision yesterday to cut oil production," said Patrick De Haan, head of petroleum analysis at GasBuddy. "For now, price movements will be contingent on where you are, with California seeing some minor increases, while the Great Lakes could see an upward move as BP's refinery outage has had an impact on supplies. In the Gulf and Rockies, prices may continue to fall, so a very mixed bag for motorists in the week ahead. In addition, there are several disturbances in the Atlantic to keep an eye on, but we do switch back to cheaper winter gasoline in just over a week which should provide some additional relief."
GasBuddy is the authoritative voice for gas prices and the only source for station-level data. 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.