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Gas Price Increase in AZ

06 November 2017  
The rise in gas prices is unusual for this time of year.

Arizona, AZ, November 6- Average retail gasoline prices in Arizona have risen 1.5 cents per gallon in the past week, averaging $2.46/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has increased 6.5 cents per gallon in the last week to $2.53/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 31.9 cents per gallon higher than the same day one year ago and are unchanged versus a month ago. The national average has increased 3.8 cents per gallon during the last month and stands 32.0 cents per gallon higher than this day one year ago.

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

$2.14/g in 2016, $2.12/g in 2015, $2.87/g in 2014, $3.16/g in 2013 and $3.57/g in 2012.

Areas near Arizona and their current gas price climate:

Las Vegas- $2.67/g, up 1.3 cents per gallon from last week's $2.65/g.
Phoenix- $2.31/g, flat  from last week's $2.31/g.
Tucson- $2.28/g, down 1.1 cents per gallon from last week's $2.29/g.

"It's been a frenzied week at fuel pumps across the country, but without a hurricane driving up prices, many motorists have been dumbfounded about what's taking place with the unseasonable upward trend," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Such a strong weekly upward move is rare in the fall, but is explained by a confluence of factors, including oil prices hitting a new 2017 high, a major pipeline leak resulting in disruption, autumn refinery maintenance, but perhaps among the more surprising- robust demand for gasoline so late in the season. Such demand has magnified relatively mundane factors into a major gas price event for much of the United States and Canada. But some slowdown is expected in the Great Lakes, the region hardest hit with price spikes in the last week, as repairs Explorer Pipeline have been completed, but some additional bumps in the road ahead can be expected for motorists elsewhere."

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

About GasBuddy

GasBuddy is the technology company changing the way more than 70 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 70 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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Bill Monroe

Hear Bill Monroe on Northern Arizona's Source for News, Talk and Sports, KQNA 1130 AM, 99.9 FM .

 

Website: www.kqna.com/