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AZ Gas Prices Drop Slightly by 0.3¢ Featured

Gas prices in Arizona have dropped slightly, but are still higher than a month ago.

Big Idea

  • Phoenix gas prices have fallen 1.5¢/g this last week
  • Arizona gas prices have fallen 0.3¢/g this last week
  • Lowest price in the state is $2.59 and the highest is $4.19
  • Read more...

Demand for gas is continuing to grow.

(June 7, 2021) - Phoenix gas prices have fallen 1.5 cents per gallon in the past week, averaging $3.11/g today, according to GasBuddy's daily survey of 1,094 stations in Phoenix. Gas prices in Phoenix are 4.9 cents per gallon higher than a month ago and stand 84.1 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Phoenix is priced at $2.84/g today while the most expensive is $3.49/g, a difference of 65.0 cents per gallon. The lowest price in the state today is $2.59/g while the highest is $4.19/g, a difference of $1.60/g.

The national average price of gasoline has risen 0.6 cents per gallon in the last week, averaging $3.04/g today. The national average is up 8.4 cents per gallon from a month ago and stands $1.02/g higher than a year ago.



Historical gasoline prices in Phoenix and the national average going back ten years:
June 7, 2020: $2.27/g (U.S. Average: $2.02/g)
June 7, 2019: $3.13/g (U.S. Average: $2.75/g)
June 7, 2018: $3.11/g (U.S. Average: $2.94/g)
June 7, 2017: $2.27/g (U.S. Average: $2.35/g)
June 7, 2016: $2.17/g (U.S. Average: $2.36/g)
June 7, 2015: $2.76/g (U.S. Average: $2.76/g)
June 7, 2014: $3.52/g (U.S. Average: $3.66/g)
June 7, 2013: $3.49/g (U.S. Average: $3.64/g)
June 7, 2012: $3.64/g (U.S. Average: $3.56/g)
June 7, 2011: $3.60/g (U.S. Average: $3.76/g) 



Neighboring areas and their current gas prices:
Arizona- $3.12/g, down 0.3 cents per gallon from last week's $3.12/g.
Las Vegas- $3.64/g, up 1.7 cents per gallon from last week's $3.62/g.
Tucson- $2.95/g, up 0.4 cents per gallon from last week's $2.94/g.



"We're entering our fourth straight week with the national average above the key $3 per gallon level, but while gas prices haven't broken past the low $3s, they have also failed to decline much from their peak as demand for gasoline continues to push higher as the summer driving season is underway," said Patrick De Haan, head of petroleum analysis for GasBuddy. "According to GasBuddy data, gasoline demand last week eclipsed the prior week, when millions of Americans were gearing up for Memorial Day travel, not an easy feat, but highlights that economic conditions are ripe for continued growth in demand, contributing to prices holding at high levels. As OPEC has maintained a slow but steady increase in oil production, that additional production is quickly being gobbled up by a global economy that continues to recover. Our current gas prices likely won't change much by July 4, but remain stubbornly high, barring any major curveballs to supply and demand."

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 Monday, 07 June 2021 11:30
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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