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Small Gas Price Drop in Arizona

03 July 2017   Patrick DeHaan
Arizona, AZ, July 3- Average retail gasoline prices in Arizona have fallen 0.5 cents...

per gallon in the past week, averaging $2.36/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has fallen 2.7 cents per gallon in the last week to $2.22/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 12.9 cents per gallon higher than the same day one year ago and are 3.0 cents per gallon lower than a month ago. The national average has decreased 15.4 cents per gallon during the last month and stands 4.8 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on July 3 in Arizona have ranged widely over the last five years:

$2.24/g in 2016, $2.70/g in 2015, $3.57/g in 2014, $3.45/g in 2013 and $3.40/g in 2012.

Areas near Arizona and their current gas price climate:

Las Vegas- $2.58/g, down 2.0 cents per gallon from last week's $2.60/g.

Phoenix- $2.21/g, down 2.1 cents per gallon from last week's $2.23/g.

Tucson- $2.09/g, down 1.8 cents per gallon from last week's $2.11/g.

"With July 4 around the corner, the national average gasoline price has fallen over the last week yet again, said Dan McTeague, senior petroleum analyst for GasBuddy.com. "While it has been over a month since the national average last saw a weekly rise, it is looking more likely we will soon face just that. Oil prices have rebounded off the previous $42 per barrel low, and now stand near $45 per barrel. It is just a matter of time before the national average bottoms out for the short-term, but at least the low prices was perfectly timed with what may be the lowest average gas prices of the summer as we celebrate the Fourth. While gasoline prices will likely begin to creep higher, the summer driving season could still end up being the lowest overall average since 2005."

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.

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