Arizona, AZ, April 3- Average retail gasoline prices in Arizona have risen 1.6 cents per gallon in the past week, averaging $2.23/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has increased 4.3 cents per gallon in the last week to $2.32/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Arizona during the past week, prices yesterday were 11.5 cents per gallon higher than the same day one year ago and are 3.9 cents per gallon higher than a month ago. The national average has increased 0.8 cents per gallon during the last month and stands 26.5 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on April 3 in Arizona have ranged widely over the last five years:
$2.12/g in 2016, $2.34/g in 2015, $3.37/g in 2014, $3.66/g in 2013 and $3.88/g in 2012.
Areas near Arizona and their current gas price climate:
Las Vegas- $2.63/g, up 1.1 cents per gallon from last week's $2.62/g.
Phoenix- $2.21/g, up 2.5 cents per gallon from last week's $2.18/g.
Tucson- $2.16/g, up 1.3 cents per gallon from last week's $2.15/g.
"We long anticipated seeing gasoline prices beginning to rise en masse in the spring, but uncharacteristically, it took until nearly April Fool's Day for it to begin. There's no fooling this time- the rally in prices does seem to be more credible as oil and gasoline markets rebound," said Patrick DeHaan, senior petroleum analyst for GasBuddy.com.
"Last Wednesday's weekly report from the Energy Information Administration provided some energy for the storms to develop at gas pumps based on a weak showing in crude oil inventories- barely increasing as supply and demand finally sees more balance, pushing oil prices higher. Motorists should expect to see a more sustained upward trend at the pump through Memorial Day, but thankfully the seasonal rise could still be less severe than what we've seen in prior years," DeHaan added.
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.
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.