GasBuddy releases gas price update for the state of Arizona

YUMA, Ariz. (KYMA, KECY) - Arizona gas prices have fallen 17.8 cents per gallon since last week.

According to a GasBuddy report, the price of gas, as of Monday, ranges to $3.48/g.

Not only that, prices in Arizona are 70.5 cents per gallon lower than a month ago and 20.4 cents per gallon lower than a year ago.

With this in mind, the national price of diesel fell 14.1 cents and stands at $4.77/g.

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Overall, the cheapest station and lowest price in Arizona was $2.65/g as of Sunday.

On the other hand, the most expensive and highest price in the state was $6.09/g.

This is a difference of $3.44/g.

Historic gas prices

The historical gas prices in Arizona and their national average, dating back ten years, are the following:

• December 19, 2021: $3.69/g (U.S. Average: $3.29/g)
• December 19, 2020: $2.21/g (U.S. Average: $2.22/g)
• December 19, 2019: $2.80/g (U.S. Average: $2.56/g)
• December 19, 2018: $2.74/g (U.S. Average: $2.37/g)
• December 19, 2017: $2.42/g (U.S. Average: $2.42/g)
• December 19, 2016: $2.08/g (U.S. Average: $2.25/g)
• December 19, 2015: $1.98/g (U.S. Average: $2.00/g)
• December 19, 2014: $2.37/g (U.S. Average: $2.44/g)
• December 19, 2013: $3.11/g (U.S. Average: $3.20/g)
• December 19, 2012: $3.11/g (U.S. Average: $3.22/g)

Neighboring areas

Comparatively, here are the neighboring areas and their current gas prices:

• Las Vegas- $3.93/g, down 21.5 cents per gallon from last week's $4.14/g.
• Phoenix- $3.56/g, down 21.5 cents per gallon from last week's $3.78/g.
• Tucson- $3.09/g, down 11.9 cents per gallon from last week's $3.21/g.

GasBuddy representative's response

"The national average for a gallon of gasoline is down nearly $2 compared to six months ago, and heading into Christmas travel week, is at its lowest in a year and a half, saving Americans some $750 million every day," said Patrick De Haan, head of petroleum analysis at GasBuddy.

"While the decline should take the national average under $3 per gallon in the next week or so, it is soon likely to fade as oil prices have held in the $70 per barrel range. But while the declines for gasoline may fade, diesel prices still have considerable ground to cover, and could fall another 50 cents or more in the weeks ahead. Fuel prices across the board have been plunging back into territory more Americans feel is normal, which could certainly boost economic sentiment going forward."