Arizona, AZ, June 27- Average retail gasoline prices in Arizona have risen 2.7 cents per gallon in the past week, averaging $2.23/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has fallen 2.4 cents per gallon in the last week to $2.31/g, according to gasoline price website GasBuddy.com. Including the change in gas prices in Arizona during the past week, prices yesterday were 47.6 cents per gallon lower than the same day one year ago and are 6.8 cents per gallon higher than a month ago. The national average has decreased 1.3 cents per gallon during the last month and stands 47.2 cents per gallon lower than this day one year ago.
According to GasBuddy historical data, gasoline prices on June 27 in Arizona have ranged widely over the last five years:
- $2.71/g in 2015
- $3.55/g in 2014
- $3.48/g in 2013
- $3.46/g in 2012 and
- $3.45/g in 2011.
Areas nearby Arizona and their current gas price climate:
- Las Vegas- $2.49/g, up 2.3 cents per gallon from last week's $2.47/g.
- Phoenix- $2.23/g, up 3.2 cents per gallon from last week's $2.20/g.
- Tucson- $2.08/g, up 0.3 cents per gallon from last week's $2.08/g.
"The national average price of gasoline has now slipped nearly 10 cents lower than the 2016 peak, to-date, of $2.39 per gallon, bringing greater likelihood that prices for the Fourth of July weekend will be even lower than where they now stand," said Gregg Laskoski, senior petroleum analyst for GasBuddy.
"And if there was any doubt about the direction of retail gasoline, 'Brexit's impact --strengthening the U.S. dollar; weakening European currencies and weakening global crude oil prices-- is expected to add even more downward pressure to summer gas prices despite record-setting demand (9.81 million barrels per day for the week ending June 17)." For LIVE fuel price averages, visit http://media.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.