Arizona Fuel Average Falls to Five-Month Low

Statewide average falls below national average, year-ago price 

 

Phoenix, July 12, 2012. Across the state and country, the price of fuel is moving in opposing directions. Statewide, the price of fuel shed 5.2 cents to $3.350. Nationwide, retail prices gained 4.6 cents to $3.384 per gallon.
 

While Arizona drivers continue to enjoy pump price relief for the 14th consecutive week, drivers in 33 states and the District of Columbia have started to experience price increases. The most dramatic movement is taking place in the Midwest, as states in this region have seen average prices rise by more than a dime over the last week. Despite this increase, it’s important to note that this region also witnessed the largest retail price decline in June.
 

“Several areas across the country are experiencing an uptick in pump prices in response to crude’s recent price swing,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “Given current market factors, Arizona still has some catching up to do, which should drive prices even lower in the short-term, barring unforeseen circumstances.”

 

The East Valley and Flagstaff hold the low and high state fuel averages at $3.265 and $3.562 per gallon, respectively. South Carolina and California hold the low and high price extremes for the lower 48 states at $3.036 and $3.692 per gallon, respectively.

 

 

City

Today’s Price

Change from last week

Premium

Diesel

Last Year’s Price

East Valley
(Mesa, Gilbert, Chandler, Tempe, Ahwatukee, Apache Junction, Queen Creek)

$3.265

-5.8

$3.525

$3.415

$3.281

Flagstaff

$3.562

-5.0

$3.752

$3.643

$3.626

Glendale

$3.289

-3.9

$3.566

$3.489

$3.279

Peoria

$3.299

-4.6

$3.559

$3.451

$3.273

Phoenix (city)

$3.278

-6.6

$3.556

$3.484

$3.297

Pima County

$3.286

-5.2

$3.497

$3.536

$3.287

Prescott
(Tri-Cities)

$3.407

-4.9

$3.657

$3.560

$3.376

Scottsdale
(Scottsdale, Fountain Hills)

$3.404

-4.6

$3.693

$3.551

$3.408

Tucson

$3.269

-4.7

$3.486

$3.501

$3.267

Yuma

$3.472

-7.0

$3.663

$3.462

$3.461

Statewide

$3.350

-5.2

$3.577

$3.527

$3.371

National

$3.384

+4.6

$3.670

$3.682

$3.636

E-85

$3.053

+4.9

-

-

$3.184

*E85 MPG/BTU adjusted price

$4.018

+6.5

-

-

$4.190

 

 

Motorists can have a chance at fueling their gas budgets for free by entering the AAA Insurance gas sweepstakes. By requesting a no-obligation insurance quote, participants will be entered to win a year’s supply of gas. Each contestant will also be entered to win a $500 gas card. Get your auto insurance quote online, visit your nearest AAA branch, or call toll-free 1-866-298-1232 by Sept. 15 for a chance to win.

 

As an advocacy organization representing the motoring public, AAA offers a variety of free resources to help motorists keep fuel budgets in check, including: 

 

*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.