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AZ Fuel Price Averages Almost Down to $2/gal

23 November 2015   Patrick DeHaan, Gregg Laskoski, Will Speer and Jeff Pelton
Prescott area prices creep up a tiny bit
November 23- Average retail gasoline prices in Arizona fell in the past week, averaging $2.065 yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that also fell in the last week to $2.063, according to gasoline price website GasBuddy.com .

Including the change in gas prices in Arizona during the past week, prices yesterday were 67.2¢ lower the same day one year ago and are 13.2¢ lower than a month ago. The national average has dropped during the last month and stands 74.7¢ lower than this day one year ago.

Prescott Gas Prices:
In the Prescott area, the gas prices are among some of the highest in the state:
  • $2.262/gallon currently
  • Up 0.5¢ since yesterday
  • Down 2.4¢ since last week’s average of $2.286
  • Down 13.4¢ from last month’s average of $2.396
  • Down 64.7¢ from last year’s average of $2.909
Averages across Arizona:
  • Flagstaff $2.249
  • Lake Havasu, Kingman $2.305
  • Phoenix $2.023
  • Prescott $2.262
  • Sierra Vista-Douglas $2.171
  • Tucson $1.929
  • Yuma $2.089
"Gasoline prices appear ripe to break under the $2 per gallon threshold in the next day or two, something not witnessed since March, 2009," said Patrick DeHaan, GasBuddy senior petroleum analyst. "In addition, oil prices seem likely to spend some time under $40 per barrel, also some of the lowest prices witnessed since the Great Recession- it'll come in handy not only the week ahead, but for the holiday season as well. Three main factors are leading to the low levels we're seeing- a seasonal decline in gasoline demand, low and falling oil prices and a refinery maintenance season which is quickly wrapping up," he added.
 
For a complete listing of current averages and other fuel price data, visit http://media.gasbuddy.com . For fuel news and alerts, follow @GasBuddyNews on Twitter.

About GasBuddy.com:

GasBuddy is the premiere source for real-time local gas prices. Founded in 2000, GasBuddy.com developed as an initiative to provide consumers access to local, current gas prices. Through the GasBuddy.com website and the free GasBuddy mobile app, users can find and share gas prices with fellow drivers, saving big money at the pump.