Calm before the Storm? Volatile Month Ahead for Gas Prices

Phoenix, Aug. 1, 2013. After a two-week price surge, Arizona fuel prices have switched gears, although it’s uncertain how long this relief will last. This week, the statewide average shed nearly 3 cents to $3.549 per gallon. Nationally, prices dropped 2.5 cents $3.630 per gallon.

The statewide average price of gas in July was $3.513 per gallon, which is the second-highest average on record for the month. By comparison, the average was $4.029 per gallon in July 2008.

“August will likely be a volatile month for fuel prices,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “High crude prices, the possibility of refinery glitches or supply disruptions from Gulf Coast hurricanes and an end of summer spike in demand could push prices higher this month.”

Tucson and Flagstaff hold the low and high state fuel averages at $3.392 and $3.749 per gallon, respectively. South Carolina and Connecticut hold the lowest and highest average prices for the lower 48 states at $3.300 and $4.006 per gallon, respectively.

City

Today’s price

Change from last week

Change from last month

Last year’s price

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

$3.532

-5.5

+6.2

$3.198

Flagstaff

$3.749

-0.8

+6.1

$3.533

Glendale

$3.529

-5.1

+6.6

$3.212

Peoria

$3.518

-7.0

+6.4

$3.187

Phoenix (city)

$3.536

-3.5

+6.2

$3.208

Prescott
(Tri-Cities)

$3.553

-2.2

+3.2

$3.277

Scottsdale
(Scottsdale, Fountain Hills)

$3.639

-1.3

+4.7

$3.312

Tucson

$3.392

-1.7

+14.7

$3.170

Yuma

$3.665

+0.1

+3.4

$3.425

Statewide

$3.549

-2.9

+7.6

$3.278

National

$3.630

-2.5

+15.2

$3.521 

 

Win a Year’s Supply of Gas

AAA Insurance wants to keep one lucky Arizonan’s gas tank full for a year. Through Oct. 15, 2013, consumers who obtain an auto, home or life insurance quote will be entered to win a year’s supply of gas. Monthly drawings will also be held for a $500 gas card. For more information or to enter the sweepstakes, visit AAA.com/sweepstakes.

As a go-to automotive resource, AAA offers a variety of automotive solutions, including: 

AAA’s Fuel Gauge Report includes data from gas stations across the state. Prices may be higher or lower than the averages displayed. The Oil Price Information Service (OPIS) surveys 100,000 stations daily for unmatched statistical reliability.