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AZ Gas Prices Decline for 5th Week in a Row Featured

AZ Gas prices tumble over 20¢

Big Idea

  • Average gas prices in Arizona fall 20.8¢
  • Phoenix prices have dropped 25.3¢
  • The national price average has fallen, although not as much
  • The hope is for the national average to be below $3/gal
  • Read more...

Gas prices on the way down

Average gasoline prices in Phoenix have fallen 25.3 cents per gallon in the last week, averaging $3.78/g today, according to GasBuddy's survey of 1,094 stations in Phoenix. Prices in Phoenix are 72.9 cents per gallon lower than a month ago and stand 3.0 cents per gallon lower than a year ago. The national average price of diesel has fallen 14.9 cents in the last week and stands at $4.91 per gallon.

According to GasBuddy price reports, the cheapest station in Phoenix was priced at $3.19/g yesterday while the most expensive was $4.79/g, a difference of $1.60/g. The lowest price in the state yesterday was $2.89/g while the highest was $5.99/g, a difference of $3.10/g.

The national average price of gasoline has fallen 14.4 cents per gallon in the last week, averaging $3.21/g today. The national average is down 56.5 cents per gallon from a month ago and stands 11.0 cents per gallon lower 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.

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Historical gasoline prices in Phoenix and the national average going back ten years:
December 12, 2021: $3.81/g (U.S. Average: $3.32/g)
December 12, 2020: $2.26/g (U.S. Average: $2.15/g)
December 12, 2019: $3.01/g (U.S. Average: $2.58/g)
December 12, 2018: $2.77/g (U.S. Average: $2.39/g)
December 12, 2017: $2.31/g (U.S. Average: $2.45/g)
December 12, 2016: $2.05/g (U.S. Average: $2.21/g)
December 12, 2015: $1.95/g (U.S. Average: $2.01/g)
December 12, 2014: $2.45/g (U.S. Average: $2.59/g)
December 12, 2013: $3.10/g (U.S. Average: $3.24/g)
December 12, 2012: $3.21/g (U.S. Average: $3.31/g)

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Neighboring areas and their current gas prices:
Arizona- $3.66/g, down 20.8 cents per gallon from last week's $3.87/g.
Las Vegas- $4.14/g, down 23.0 cents per gallon from last week's $4.37/g.
Tucson- $3.21/g, down 10.3 cents per gallon from last week's $3.31/g.

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"Not only has the decline in gasoline prices lasted five straight weeks, with again every state seeing a weekly decline in its average, but average diesel prices have fallen in 49 states over the last week as well. The relief is saving Americans roughly $20 per fill-up compared to six months ago," said Patrick De Haan, head of petroleum analysis at GasBuddy. "On the previously hard-hit West Coast, average prices have fallen nearly $2 per gallon since October. Fifteen states now have average gasoline prices of $2.99 or less, with several more to join this week. We remain on schedule to see the national average gas price fall below $3 by Christmas, with diesel set to fall 50 cents to $1 per gallon over the next six weeks or so. While the Keystone Pipeline shutdown has been getting some attention, motorists need not worry much about the oil-carrying pipeline for now. There is no expected impact to gasoline prices as of now."

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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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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