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Monday, 06 February 2017 09:14

AZ Gas Prices 40.4¢ Higher Than a Year Ago Featured

Patrick DeHaan

Although the gas prices are higher than they were a year ago, they did drop half a cent in the last week.

Arizona, AZ, February 6- Average retail gasoline prices in Arizona have fallen 0.5 cents per gallon in the past week, averaging $2.15/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has fallen 0.7 cents per gallon in the last week to $2.26/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 40.4 cents per gallon higher than the same day one year ago and are 1.4 cents per gallon higher than a month ago. The national average has decreased 10.9 cents per gallon during the last month and stands 51.6 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on February 6 in Arizona have ranged widely over the last five years:

$1.75/g in 2016, $1.98/g in 2015, $3.22/g in 2014, $3.32/g in 2013 and $3.41/g in 2012.

Areas near Arizona and their current gas price climate:

Las Vegas- $2.43/g, up 1.8 cents per gallon from last week's $2.42/g.

Phoenix- $2.11/g, flat  from last week's $2.12/g.

Tucson- $2.11/g, down 1 cent per gallon from last week's $2.12/g.

"Gasoline prices nationally have continued their typical seasonal trajectory lower,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. "Gasoline inventories have continued to show impressive gains lately, limiting the effects of rising oil prices on gasoline prices for the time being. While the majority of states (37) saw average gasoline prices decline, thirteen saw prices advancing, especially in the Great Lakes- thanks to the region's price cycling mechanisms. Gasoline prices should continue to remain relatively low during the next week, but Wednesday's weekly report from the Energy Information Administration will be a major key to understand when the bulk of refinery season has begun and what impact that will have on gasoline inventories."

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com

About GasBuddy

GasBuddy is the technology company changing the way more than 60 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 60 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.

Last modified on Monday, 06 February 2017 10:20
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Editor Lynne LaMaster

Phone:928.458.5119

Prescott, Arizona