Pump Prices Packing Punch to Motorists
Statewide average could reach $3 before Memorial Day
Gas prices are still on the rise, and Arizona motorists are inching closer to the $3 mark by the day. This week, the statewide average jumped 4.8 cents to $2.924 per gallon. At $2.844, the national gas price average is 51 cents more expensive than a year ago.
This week, President Trump announced that the U.S. will re-impose economic sanctions on Iran and withdraw from the Iran Nuclear Deal. One of the largest potential impacts in the U.S. is the potential for increased crude oil prices due to reinstated sanctions on Iran. In turn, this could lead to increased gas prices later this summer.
“The potential impact to gas prices is dependent on increased crude oil prices and the duration at which crude sells at the higher price point," said Michelle Donati, spokesperson for AAA Arizona. "If the commodity remains at $68-$70, prices will not be that much more expensive this summer than they are now. However, if the commodity exceeds $70 for an extended amount of time, it will translate to increased retail prices for drivers this summer."
Mississippi and California hold the lowest and highest average price for the lower 48 states at $2.547 and $3.651 per gallon.
Arizona metro prices are listed from lowest to highest in the chart below.
|City||Today’s price||Change from last week||Last year’s price|
GasPrices.AAA.com provides comprehensive gas price data and insight to motorists and journalists. The Top Trends page allows visitors to sort data in various ways, including the ability to query gas prices at the state metro level. Each state touts county gas price averages via a state heat map. Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad, and Android. The app can also be used to map a route, find discounts, book a hotel, and access AAA roadside assistance. Learn more at AAA.com/mobile.