Arizona gasoline prices down for 12th week in row - East Valley Tribune: Business

Arizona gasoline prices down for 12th week in row

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Posted: Thursday, June 28, 2012 4:49 pm | Updated: 11:31 pm, Sun Jul 1, 2012.

Just in time for holiday travel planning, East Valley motorists saw another near 8 cent drop in week-over-week prices at the gas pump.

East Valley drivers were paying $3.403 a gallon Thursday, a 7.6 cent decrease from the week before, according to AAA Arizona.

Statewide, the price of fuel shed 7.3 cents to $3.467, marking the first time the state average has been below the $3.50 mark since February. Nationwide, the price of fuel is $3.369 per gallon, a drop of 10.3 cents from last week.

“While the current state average is the second highest pre-holiday fuel price in Independence Day history, 12 weeks of declines have brought prices to one of the lowest points this year,” said Linda Gorman, director of communications and public affairs for AAA Arizona. “This trend is great news for the 650,000 Arizonans projected to embark on a Fourth of July road trip, and may encourage even more travelers to take to the road over the upcoming holiday.”

Tucson and Flagstaff hold the low and high state fuel averages at $3.385 and $3.664 per gallon, respectively. South Carolina and California hold the low and high price extremes for the lower 48 states at $2.959 and $3.796 per gallon, respectively.

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