Arizona, AZ, January 16- Average retail gasoline prices in Arizona have risen 2.5 cents per gallon in the past week, averaging $2.17/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has fallen 2.5 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 25.2 cents per gallon higher than the same day one year ago and are 9.2 cents per gallon higher than a month ago. The national average has increased 10.3 cents per gallon during the last month and stands 43.0 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on January 16 in Arizona have ranged widely over the last five years:
$1.92/g in 2016, $1.94/g in 2015, $3.22/g in 2014, $3.07/g in 2013 and $3.30/g in 2012.
Areas near Arizona and their current gas price climate:
Las Vegas- $2.41/g, up 0.8 cents per gallon from last week's $2.40/g.
Phoenix- $2.13/g, up 3.4 cents per gallon from last week's $2.09/g.
Tucson- $2.16/g, up 3.1 cents per gallon from last week's $2.13/g.
"For the first time since November, the national average price for gasoline has fallen over the last week, helped by weak demand and rising gasoline inventories," said Patrick DeHaan, senior petroleum analyst for GasBuddy. "This downward trend is evident in over two-thirds of states but may take additional time to materialize in others, yet is a familiar pattern for late winter as refiners build inventories prior to the late-February start of refinery maintenance season and thanks to the year's weakest demand occurring over the next four weeks. However, motorists shouldn't expect the trend to last long. After the sweetness of Valentine's Day roses and chocolates is gone, they will be in store for a jump at the pump as maintenance season begins and the long transition to summer gasoline becomes a pinch point, leading to gas prices that will mostly trend higher for two to three months."
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.