Big Idea

• Arizona gas prices are slightly higher to start the New Year
• Phoenix prices are unchanged over the last week
• Expect prices to rise slightly or stabilize over the short term
• Read more...

Gas prices are still about $1 lower than they were a year ago.

(January 4, 2021) - Phoenix gas prices are unchanged  in the past week, averaging $2.25/g today, according to GasBuddy's daily survey of 1,094 stations. Gas prices in Phoenix are 1.5 cents per gallon lower than a month ago and stand 72.0 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $1.98/g today while the most expensive is $3.09/g, a difference of $1.11/g. The lowest price in the state today is $1.83/g while the highest is $3.29/g, a difference of $1.46/g.

The national average price of gasoline has fallen 1.3 cents per gallon in the last week, averaging $2.24/g today. The national average is up 8.0 cents per gallon from a month ago and stands 34.4 cents per gallon lower than a year ago.

Historical gasoline prices in Phoenix and the national average going back ten years:
January 4, 2020: $2.97/g (U.S. Average: $2.59/g)
January 4, 2019: $2.66/g (U.S. Average: $2.24/g)
January 4, 2018: $2.27/g (U.S. Average: $2.49/g)
January 4, 2017: $2.08/g (U.S. Average: $2.36/g)
January 4, 2016: $1.95/g (U.S. Average: $1.99/g)
January 4, 2015: $2.01/g (U.S. Average: $2.19/g)
January 4, 2014: $3.18/g (U.S. Average: $3.31/g)
January 4, 2013: $3.01/g (U.S. Average: $3.29/g)
January 4, 2012: $3.21/g (U.S. Average: $3.28/g)
January 4, 2011: $2.89/g (U.S. Average: $3.06/g) 

Neighboring areas and their current gas prices:
Arizona- $2.25/g, up 2.4 cents per gallon from last week's $2.22/g.
Las Vegas- $2.58/g, up 0.9 cents per gallon from last week's $2.57/g.
Tucson- $2.02/g, up 5.1 cents per gallon from last week's $1.97/g.

"After several weeks seeing the national average make healthy gains, last week saw a significant slowdown and most states saw prices change little as we head into the New Year," said Patrick De Haan, head of petroleum analysis for GasBuddy. "I'm hopeful 2021's theme will be recovery in the COVID-19 pandemic, which is unfortunately likely to drive gas prices higher. How much higher? GasBuddy will be revealing its 2021 Fuel Price Outlook tomorrow answering that question, giving motorists some insight into the trends expected in the coming 365 days. Short-term, expect prices to see overall less fluctuation in the week ahead as they saw to end 2020, with prices more likely to see small gains or stability than decreases."

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