Pump Prices Reach Three-Month Low

 

Phoenix, Nov. 15, 2012. For the third straight week, Arizona motorists are enjoying lower prices at the pump. The statewide average dropped another 6.4 cents this week to $3.503 per gallon – 22 cents lower than a month ago. Nationwide, prices dropped nearly 3 cents to $3.438 per gallon.

 

“Arizona’s average is now within 18 cents of year-ago prices,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “This is great news, as nine out of 10 of the 850,000 Arizonans traveling for Thanksgiving are projected to drive to their destination next week. Our forecast revealed that travelers are looking to do more with less this year, and the recent decreases at the pump are helping make that possible.”

 

View AAA’s full Thanksgiving holiday travel forecast here.

 

Tucson and Flagstaff hold the low and high state fuel averages at $3.271 and $3.767 per gallon, respectively. South Carolina and New York hold the lowest and highest average prices for the lower 48 states at $3.110 and $3.971 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)

$3.468

-6.6

$3.727

$3.922

$3.276

Flagstaff

$3.767

-4.2

$3.975

$4.206

$3.543

Glendale

$3.472

-7.1

$3.746

$3.938

$3.259

Peoria

$3.476

-6.4

$3.728

$3.973

$3.249

Phoenix (city)

$3.478

-7.3

$3.748

$3.949

$3.273

Pima County

$3.288

-6.1

$3.504

$3.943

$3.190

Prescott
(Tri-Cities)

$3.596

-4.4

$3.810

$4.029

$3.385

Scottsdale
(Scottsdale, Fountain Hills)

$3.583

-6.8

$3.862

$4.018

$3.381

Tucson

$3.271

-6.2

$3.491

$3.928

$3.176

Yuma

$3.517

-11.8

$3.721

$3.902

$3.419

Statewide

$3.503

 

-6.4

$3.734

$3.988

$3.315

National

$3.438

-2.6

$3.765

$3.997

$3.411

E-85

$3.153

No change

-

-

$3.081

*E85 MPG/BTU adjusted price

$4.150

No change

-

-

$4.055

 

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.