(Stacker) – The national average cost for a gallon of gasoline dipped over the past week, reaching a price lower than at the same point in any of the previous two years.
It’s the lowest they’ve been since the Russia-Ukraine war began in 2022, sending prices soaring well above normal levels for much of that year. Lackluster demand, rising inventory in the U.S., and decisions by the Organization of the Petroleum Exporting Countries to phase out cuts to production are among the factors that account for the lower prices.
The lowest gas prices this week can be found in the Gulf Coast states. States including Indiana, Alaska, Illinois, Florida, Ohio, Kentucky, and Michigan have seen prices drop by 13 cents or more over the past week—the largest price drops in the country.
Stacker compiled statistics on gas prices in Arizona. Gas prices are as of June 7.
Arizona by the numbers
- Gas current price: $3.73
- Week change: -$0.08 (-2.0%)
- Year change: -$0.64 (-14.7%)
- Historical expensive gas price: $5.39 (6/17/22)
- Diesel current price: $3.85
- Week change: -$0.05 (-1.2%)
- Year change: -$0.51 (-11.7%)
- Historical expensive diesel price: $5.94 (6/19/22)
Metros with the most expensive gas in Arizona
- Scottsdale: $3.89
- East Valley: $3.80
- Peoria: $3.80
- Phoenix-Mesa: $3.79
- Phoenix Proper: $3.78
- West Valley: $3.77
- Glendale: $3.76
- Prescott: $3.70
- Flagstaff: $3.69
- Pima County: $3.68
- Tucson: $3.68
- Lake Havasu-Kingman: $3.66
- Sierra Vista-Douglas: $3.63
- Yuma: $3.47
States with the most expensive gas
- California: $4.96
- Hawaii: $4.76
- Washington: $4.43
States with the least expensive gas
- Mississippi: $2.97
- Arkansas: $2.99
- Oklahoma: $3.00
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 50 states.
Copyright 2024 Stacker via Gray Media Group, Inc. All rights reserved.