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GasBuddy releases gas price updates for the state of Arizona

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YUMA COUNTY, Ariz. (KYMA, KECY) - The average price of gasoline in Arizona fell 15.7 cents per gallon, and as of Monday, this ranges to $3.83/g.

According to a GasBuddy survey, prices in Arizona are 52.9 cents per gallon lower than a month ago, and 131.9 cents per gallon lower than a year ago.

In addition, the national price of diesel fell 3.4 cents per gallon, standing at $3.80/g.

Overall, the cheapest station and lowest price in Arizona is $2.89/g as of Sunday. On the other hand, the most expensive and highest price in the state is $5.79/g. This is a difference of $2.90/g.

Gas prices going back ten years

Here is a list of gas prices dating back ten years and their national average:

  • July 3, 2022: $5.15/g (U.S. Average: $4.79/g)
  • July 3, 2021: $3.15/g (U.S. Average: $3.12/g)
  • July 3, 2020: $2.30/g (U.S. Average: $2.17/g)
  • July 3, 2019: $2.95/g (U.S. Average: $2.76/g)
  • July 3, 2018: $3.05/g (U.S. Average: $2.87/g)
  • July 3, 2017: $2.35/g (U.S. Average: $2.22/g)
  • July 3, 2016: $2.24/g (U.S. Average: $2.27/g)
  • July 3, 2015: $2.70/g (U.S. Average: $2.77/g)
  • July 3, 2014: $3.57/g (U.S. Average: $3.67/g)
  • July 3, 2013: $3.45/g (U.S. Average: $3.47/g)

Neighboring areas

At the same time, here is a list of neighboring areas and their current gas prices:

  • Las Vegas- $4.11/g, down 1 cent per gallon from last week's $4.12/g.
  • Phoenix- $3.93/g, down 21.0 cents per gallon from last week's $4.14/g.
  • Tucson- $3.65/g, down 13.7 cents per gallon from last week's $3.79/g.

GasBuddy representative's response

"Just ahead of Independence Day, the national average has fallen to its lowest level since late April, with oil prices remaining under considerable pressure due to a cloudy outlook for the global economy. We could see gasoline prices under some additional pressure soon, especially as we head into the closing innings of summer next month," said Patrick De Haan, head of petroleum analysis at GasBuddy.

"For now, gasoline demand will likely ramp up as we enter the peak of the summer, with millions of Americans set to take to the roads with some of the season's lowest average gasoline prices. At the half point of the year, the national average is right at level we anticipated for a full year average. While that's good news, I believe we may see prices close out the second half of the year below our expectations, which would be welcome news for motorists, and the possibility exists that the national average this fall could fall under $3 per gallon," De Haan spoke.

Article Topic Follows: Arizona News

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Dillon Fuhrman

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