Arizona Gas Prices Experience a Decline but Still Surpass National Average
In the wake of recent election outcomes and a seasonal transition to winter fuel blends, Arizona has witnessed a drop in gas prices, yet they remain above the national average. This trend might persist as the season progresses, though political factors could alter the trajectory.
The state’s average cost for unleaded fuel is now $4.32 per gallon, marking a decrease of 12 cents from the previous week. Diesel prices have also seen a slight reduction, falling by two cents to $4.35 per gallon in Arizona.
Patrick De Haan from gasbuddy.com explains that the reduction in prices might continue, especially as winter leads to decreased driving and oil refineries conclude their maintenance. However, he notes that political developments could still influence the market. “After midterm elections, oil prices plummeted,” De Haan stated. “Though Americans have voted and though oil markets believe that there may be some resolution, if that doesn’t happen, gas prices could go right back up.”
Within the state, drivers in Maricopa County are currently paying an average of $4.31 per gallon, while Pima County offers the lowest prices at $4.02 per gallon.
