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Expect Gas Prices to Rise
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03 January 2017   Patrick DeHaan, Gregg Laskoski

Prices at the pump are on an upward trend.

Arizona, AZ, January 3- Average retail gasoline prices in Arizona have risen 1.5 cents per gallon in the past week, averaging $2.10/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has increased 5.6 cents per gallon in the last week to $2.34/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 13.0 cents per gallon higher than the same day one year ago and are 2.0 cents per gallon higher than a month ago. The national average has   during the last month and stands 35.4 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on January 3 in Arizona have ranged widely over the last five years:
$1.97/g in 2016, $2.11/g in 2015, $3.17/g in 2014, $3.04/g in 2013 and $3.20/g in 2012.

Areas near Arizona and their current gas price climate:
Las Vegas- $2.38/g, up 2.4 cents per gallon from last week's $2.36/g.
Phoenix- $2.05/g, up 1.2 cents per gallon from last week's $2.04/g.
Tucson- $2.05/g, up 1.7 cents per gallon from last week's $2.03/g.

"In 2016, motorists spent an average $2.13 per gallon on gasoline, the cheapest yearly average since 2004, and 28 cents lower than 2015, but if motorists made a resolution to pay less in 2017, they either broke it already or aren't planning on driving for a while. While nearly 100,000 gas stations in the country were selling for $1.99 per gallon a year ago, fewer than 3,000 are today. Though we may see rising gas prices take a brief break in early February, we're unlikely to come anywhere close to last year's low levels," said Patrick DeHaan, senior petroleum analyst for GasBuddy.    

"Overall, the national average price of gas stands 35 cents higher than where it was a year ago on this day and the gap is likely to continue widening. For the upcoming year, it's not a rosy picture at the pump: GasBuddy's 2017 Fuel Outlook, being released tomorrow, will detail when motorists will be seeing the highest prices of the year and how many more billions we'll spend at the pump in the year ahead," DeHaan added.

GasBuddy Yearly National Averages

2017: (COMING) (Fuel Outlook to be released Jan. 4)
2016: $2.13/gal.
2015: $2.40/gal.
2014: $3.34/gal.
2013: $3.49/gal.
2012: $3.61/gal.
2011: $3.51/gal.
2010: $2.77/gal.
2009: $2.33/gal.
2008: $3.23/gal.
2007: $2.79/gal.
2006: $2.55/gal.
2005: $2.25/gal.
2004: $1.83/gal.
Data provided by GasBuddy.com

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.