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AZ Prices Increase Slightly by 0.7¢ Featured

Arizona gas prices are slightly higher after the Labor Day weekend.

 Big Idea

  • National gas prices have fallen 2.8¢ on average across the country
  • The lowest price in Arizona is $1.75/gallon; the highest is $3.59/gallon
  • Gas prices are starting to fall nationally
  • Likely to see additional downward movement as demand declines 

Arizona gas prices remain lower than they were a year ago.

(September 8, 2020) - Phoenix gas prices have fallen 0.6 cents per gallon in the past week, averaging $2.38/g today, according to GasBuddy's daily survey of 1,094 stations. Gas prices in Phoenix are 1.8 cents per gallon lower than a month ago and stand 52.0 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $2.12/g today while the most expensive is $3.09/g, a difference of 97.0 cents per gallon. The lowest price in the state today is $1.75/g while the highest is $3.59/g, a difference of $1.84/g.

The national average price of gasoline has fallen 2.8 cents per gallon in the last week, averaging $2.21/g today. The national average is up 3.7 cents per gallon from a month ago and stands 34.2 cents per gallon lower than a year ago.

Historical gasoline prices in Phoenix and the national average going back ten years:

  • September 8, 2019: $2.90/g (U.S. Average: $2.55/g)
  • September 8, 2018: $2.85/g (U.S. Average: $2.85/g)
  • September 8, 2017: $2.36/g (U.S. Average: $2.67/g)
  • September 8, 2016: $2.06/g (U.S. Average: $2.18/g)
  • September 8, 2015: $2.45/g (U.S. Average: $2.39/g)
  • September 8, 2014: $3.35/g (U.S. Average: $3.43/g)
  • September 8, 2013: $3.33/g (U.S. Average: $3.56/g)
  • September 8, 2012: $3.70/g (U.S. Average: $3.82/g)
  • September 8, 2011: $3.39/g (U.S. Average: $3.65/g)
  • September 8, 2010: $2.65/g (U.S. Average: $2.66/g) 

Neighboring areas and their current gas prices:

Arizona- $2.31/g, up 0.7 cents per gallon from last week's $2.30/g.

Las Vegas- $2.66/g, down 1.2 cents per gallon from last week's $2.67/g.

Tucson- $2.11/g, down 0.9 cents per gallon from last week's $2.12/g.

"Gas prices have started to fall as expected as oil prices have fallen slightly since Hurricane Laura moved on and as seasonal challenges come to into view," said Patrick De Haan, head of petroleum analysis for GasBuddy. "We'll likely see additional downward movement in the weeks ahead with gasoline demand set to decline as we move into the fall months and as COVID-19 restrictions keep demand from rallying. It's entirely possible we could see the national average fall under $2 per gallon by the end of the year without a major improvement in the situation."

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 covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas 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://FuelInsights.GasBuddy.com.

SOURCE GasBuddy

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Last modified on Wednesday, 09 September 2020 00:33
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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