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Gas Prices in Phoenix Rise Sharply in the Last Week Featured

Gas prices jump nearly 70¢ in Phoenix in the last week

Big Idea

  • Gas prices are exploding in Arizona
  • Phoenix prices are up 93.8¢ in the last month, Arizona up 39.5¢ in the last week
  • This is far above the national average of 11.1¢ per gallon
  • Refinery issues continue to impact west coast gasoline supply
  • Read more…

Gas prices going up, up, up

Average gasoline prices in Phoenix have risen 67.0 cents per gallon in the last week, averaging $4.92/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 93.8 cents per gallon higher than a month ago and stand $1.71/g higher than a year ago. The national average price of diesel has declined 2.9 cents in the last week and stands at $4.86 per gallon.

According to GasBuddy price reports, the cheapest station in Phoenix was priced at $3.99/g yesterday while the most expensive was $5.49/g, a difference of $1.50/g. The lowest price in the state yesterday was $3.15/g while the highest was $6.09/g, a difference of $2.94/g.

The national average price of gasoline has risen 11.1 cents per gallon in the last week, averaging $3.78/g today. The national average is up 0.4 cents per gallon from a month ago and stands 59.8 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:
October 3, 2021: $3.21/g (U.S. Average: $3.18/g)
October 3, 2020: $2.33/g (U.S. Average: $2.17/g)
October 3, 2019: $3.00/g (U.S. Average: $2.67/g)
October 3, 2018: $2.88/g (U.S. Average: $2.91/g)
October 3, 2017: $2.36/g (U.S. Average: $2.52/g)
October 3, 2016: $2.08/g (U.S. Average: $2.22/g)
October 3, 2015: $2.24/g (U.S. Average: $2.29/g)
October 3, 2014: $3.20/g (U.S. Average: $3.31/g)
October 3, 2013: $3.25/g (U.S. Average: $3.36/g)
October 3, 2012: $3.66/g (U.S. Average: $3.78/g)

 

 

Neighboring areas and their current gas prices:
Arizona- $4.45/g, up 39.5 cents per gallon from last week's $4.05/g.
Las Vegas- $5.33/g, up 40.9 cents per gallon from last week's $4.92/g.
Tucson- $3.39/g, down 0.7 cents per gallon from last week's $3.39/g. 

"With gas prices continuing to surge on the West Coast and Great Lakes, the national average saw its second straight weekly rise. But at the same time, areas of the Northeast and Gulf Coast have continued to see declines as the the nation experiences sharp differences in trends between regions," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Some West Coast states saw prices rise 35 to 55 cents per gallon in the last week as refinery issues continued to impact gasoline supply, which fell to its lowest level in a decade in the region, causing prices to skyrocket. While I'm hopeful there will eventually be relief, prices could go a bit higher before cooling off. In addition, OPEC could decide to cut oil production by a million barrels as the global economy slows down, potentially creating a catalyst that could push gas prices up further."

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.

SOURCE GasBuddy

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Last modified on Monday, 03 October 2022 23:57
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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