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Monday, 15 May 2017 10:14

Yikes! Gas Prices Jump in Arizona Featured

Patrick DeHaan

Big price increase in gas this week.

Arizona, AZ, May 15- Average retail gasoline prices in Arizona have risen 9.8 cents per gallon in the past week, averaging $2.37/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has fallen 0.5 cents per gallon in the last week to $2.33/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 22.4 cents per gallon higher than the same day one year ago and are 10.7 cents per gallon higher than a month ago. The national average has decreased 8.1 cents per gallon during the last month and stands 10.4 cents per gallon higher than this day one year ago.

 


According to GasBuddy historical data, gasoline prices on May 15 in Arizona have ranged widely over the last five years:
$2.15/g in 2016, $2.76/g in 2015, $3.49/g in 2014, $3.43/g in 2013 and $3.78/g in 2012.

Areas near Arizona and their current gas price climate:
Las Vegas- $2.64/g, down 2.3 cents per gallon from last week's $2.66/g.
Phoenix- $2.24/g, flat  from last week's $2.24/g.
Tucson- $2.17/g, down 0.8 cents per gallon from last week's $2.17/g.

 


"The national average gas price has again declined in the last week, but the road ahead may be a bit bumpier, said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. "While the national average fell, several states in the Great Lakes saw average prices rise thanks to a mid-week rally in oil markets that saw oil prices sneak in a net gain for the first week in several, and that may impact prices in the week ahead. Thank Wednesday's weekly report from the Energy Information Administration for the rally as government data showed a larger than expected decline in oil inventories and gasoline inventories, weighing on markets at the precise time that OPEC chats about extending its crude oil production cuts. Watch both of these factors this week to get a taste for where prices will go to start the summer driving season."

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 Tuesday, 16 May 2017 03:24
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Editor Lynne LaMaster

Phone:928.458.5119

Prescott, Arizona