Statewide Fuel Average Slips Despite Crude’s Climb

 

Phoenix, July 19, 2012. While enjoying lower temperatures this week, Arizona drivers also enjoyed lower prices at the pump for the 15th week in a row. The statewide average fell 3.2 cents from last week to $3.318 per gallon. Meanwhile, the national average continued its reversed course and increased 5.3 cents to $3.437 per gallon.  
 

Supply concerns due to heightened tensions in the Middle East and better than expected global economic news have pressured oil prices — and pump prices — higher over the last several weeks. This week the commodity breached $92 per barrel for the first time since May.
 

“Arizona has bucked the national trend again this week,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “Though it’s hard to say how long this will last, current retail margins and healthy inventories indicate we may continue to enjoy lower prices in the short term, barring unforeseen circumstances.”

 

Tucson and Flagstaff hold the low and high state fuel averages at $3.220 and $3.536 per gallon, respectively. South Carolina and California hold the low and high price extremes for the lower 48 states at $3.104 and $3.744 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)

$3.239

-2.6

$3.492

$3.459

$3.292

Flagstaff

$3.536

-2.6

$3.783

$3.660

$3.639

Glendale

$3.248

-4.1

$3.527

$3.495

$3.279

Peoria

$3.251

-4.8

$3.506

$3.513

$3.273

Phoenix (city)

$3.245

-3.3

$3.504

$3.503

$3.307

Pima County

$3.238

-4.8

$3.451

$3.581

$3.283

Prescott
(Tri-Cities)

$3.374

-3.3

$3.624

$3.592

$3.381

Scottsdale
(Scottsdale, Fountain Hills)

$3.357

-4.7

$3.637

$3.561

$3.400

Tucson

$3.220

-4.9

$3.440

$3.538

$3.267

Yuma

$3.464

-0.8

$3.660

$3.495

$3.457

Statewide

$3.318

-3.2

$3.543

$3.559

$3.371

National

$3.437

+5.3

$3.718

$3.703

$3.678

E-85

$3.127

+7.4

-

-

$3.216

*E85 MPG/BTU adjusted price

$4.116

+9.8

-

-

$4.233

 

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 office, 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.