Arizona, AZ, January 15- Average retail gasoline prices in Arizona have fallen 2.2 cents per gallon in the past week, averaging $2.38/g yesterday, according to GasBuddy's daily survey of 2,269 gas outlets in Arizona. This compares with the national average that has increased 3.5 cents per gallon in the last week to $2.52/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Arizona during the past week, prices yesterday were 21.2 cents per gallon higher than the same day one year ago and are 4.1 cents per gallon lower than a month ago. The national average has increased 9.0 cents per gallon during the last month and stands 18.7 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on January 15 in Arizona have ranged widely over the last five years:
$2.17/g in 2017, $1.93/g in 2016, $1.96/g in 2015, $3.21/g in 2014 and $3.06/g in 2013.
Areas near Arizona and their current gas price climate:
Las Vegas- $2.62/g, flat from last week's $2.61/g.
Phoenix- $2.28/g, up 0.9 cents per gallon from last week's $2.27/g.
Tucson- $2.15/g, up 4.2 cents per gallon from last week's $2.11/g.
"With oil prices rallying to their highest level since 2014, it's no surprise that gasoline prices continue to show frustrating strength for this time of year," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "While winter is usually a time for modest declines at the pump, this year has seen anything but. While two years ago areas of the country flirted with sub-$1 gas prices, we now see most areas more than double that. One bright spot however, is that gasoline production remains very strong at a time of year when it tends to be weak, and that could open the door for some larger discounts in the weeks ahead as refiners begin to move winter gasoline out of inventories to prepare for the transition to cleaner burning gasoline. The window is relatively small and closes shortly after Valentines Day, so don't expect much improvement before the annual spring surge begins."
For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.
GasBuddy is the technology company changing the way more than 70 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 70 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.