Fuels so Good: Gas Prices Are Starting to Stabilize
Phoenix, Sept. 20, 2012. After a seven-week price surge, fuel prices have begun to level out. The statewide average edged up 1.1 cents to $3.736 per gallon, while the national average fell 2.3 cents to $3.846 per gallon.
This week, the price of crude oil fell to the low $90-per-barrel range, the lowest price point for the commodity in six weeks. Several factors influenced this downward price direction, from the Gulf Coast refining region making a full recovery from Hurricane Isaac to Saudi Arabia pledging to bump up output in order to keep prices in check.
“After flirting with $100-per-barrel last week, the price of crude falling to the low $90-per-barrel range is encouraging news for motorists,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “Arizona gas prices are starting to show signs of stabilization and should start to reverse course in the near future, barring unforeseen circumstances.”
Tucson and Flagstaff hold the low and high state fuel averages at $3.614 and $3.886 per gallon, respectively. Mississippi and South Carolina both hold the lowest average price for the lower 48 states at $3.611 per gallon, while California holds the highest average price at $4.149 per gallon.
|
City |
Today’s Price |
Change from last week |
Premium |
Diesel |
Last Year’s Price |
|---|---|---|---|---|---|
|
East Valley |
$3.736 |
+3.2 |
$3.995 |
$4.241 |
$3.390 |
|
Flagstaff |
$3.886 |
+1.7 |
$4.066 |
$4.417 |
$3.646 |
|
Glendale |
$3.726 |
+0.9 |
$3.985 |
$4.278 |
$3.401 |
|
Peoria |
$3.702 |
+1.6 |
$3.943 |
$4.256 |
$3.359 |
|
Phoenix (city) |
$3.731 |
+1.4 |
$3.982 |
$4.235 |
$3.409 |
|
Pima County |
$3.624 |
-0.4 |
$3.840 |
$4.261 |
$3.334 |
|
Prescott |
$3.715 |
+1.9 |
$3.961 |
$4.322 |
$3.511 |
|
Scottsdale |
$3.809 |
+2.9 |
$4.089 |
$4.314 |
$3.496 |
|
Tucson |
$3.614 |
-0.3 |
$3.834 |
$4.244 |
$3.322 |
|
Yuma |
$3.846 |
+0.6 |
$4.038 |
$4.207 |
$3.571 |
|
Statewide |
$3.736 |
+1.1 |
$3.966 |
$4.273 |
$3.451 |
|
National |
$3.846 |
-2.3 |
$4.132 |
$4.120 |
$3.580 |
|
E-85 |
$3.494 |
+6.3 |
- |
- |
$3.195 |
|
*E85 MPG/BTU adjusted price |
$4.598 |
+8.3 |
- |
- |
$4.204 |
As an advocacy organization representing the motoring public, AAA offers a variety of free resources to help motorists keep fuel budgets in check, including:
- Fuel Price Finder (AAA.com/fuelfinder) locates the lowest fuel price in your area.
- AAA Gas Price Alerts (AAA.com/gasalerts) offers users weekly fuel price text alerts.
- Fuel Cost Calculator (FuelCostCalculator.AAA.com) helps budget travel expenses.
- AAA Mobile (AAA.com/mobile) provides directions and plots fuel prices along your travel route.
- AAA's Member Rewards Visa® Credit Card (AAA.com/financial/AAAvisa.htm) accumulates double points on fuel purchases.
*The BTU-adjusted price of E-85 is the nationwide average price of E-85 adjusted to reflect the lower energy content as expressed in British Thermal Units. The BTU-adjusted price is calculated and displayed as part of AAA's Fuel Gauge Report because according to the Energy Information Administration, E-85 delivers about 25 percent fewer BTUs by volume than conventional gasoline. Because "flexible fuel" vehicles can operate on conventional fuel and E-85, the BTU-adjusted price of E-85 is essential to understanding the cost implications of each fuel choice for consumers.
AAA’s Fuel Gauge Report includes data from gasoline stations in every Arizona community. Local prices in some communities might be higher or lower than the averages shown here. This service is updated daily by the Oil Price Information Service (OPIS) with average national, state and local prices for gasoline, diesel and E-85. Every day, more than 100,000 stations are surveyed in cooperation with Wright Express for unmatched statistical reliability.


