Prescott eNews  |   Chino Valley eNews  |    Prescott Valley eNews    |   eNewsAZ |   ArizonaPod.News

Gas Prices Rise 4.0¢
Featured

09 January 2017   Patrick DeHaan, Gregg Laskoski

Gas prices are likely to level out this week.

Arizona, AZ, January 9- Average retail gasoline prices in Arizona have risen 4.0 cents per gallon in the past week, averaging $2.14/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has increased 2.1 cents per gallon in the last week to $2.37/g, according to gasoline price website GasBuddy.com

Including the change in gas prices in Arizona during the past week, prices yesterday were 18.2 cents per gallon higher than the same day one year ago and are 5.3 cents per gallon higher than a month ago. The national average has increased 16.2 cents per gallon during the last month and stands 39.3 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on January 9 in Arizona have ranged widely over the last five years:

$1.96/g in 2016, $2.05/g in 2015, $3.19/g in 2014, $3.03/g in 2013 and $3.25/g in 2012.

Areas near Arizona and their current gas price climate:
Las Vegas- $2.40/g, up 1.5 cents per gallon from last week's $2.38/g.
Phoenix- $2.09/g, up 3.3 cents per gallon from last week's $2.05/g.
Tucson- $2.13/g, up 8.5 cents per gallon from last week's $2.05/g.

"If there’s ever a time one could expect gasoline prices to flatline, this week should be one of them,” said Gregg Laskoski, senior petroleum analyst for GasBuddy.

“Given the Dept. of Energy report last week of a huge build in gasoline inventory followed by the  brutal 1-2 punch from Winter Storms Helena and Iras, that brings immediate and downward pressure on fuel prices. Between the two storms they’ve brought nearly a foot of rain, mudslides and rockslides to California & Nevada; snow, sleet & freezing rain in the Pacific northwest; snow and ice storms in the Plains and upper Midwest; and winter advisories in effect from the Deep South all the way to the  northeast where nearly a foot of snow brought travel to a crawl on the I-95 corridor from North Carolina to Portland, ME,”  Laskoski added. 

Iras is expected in the Midwest and Northeast early this week.  

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.