Arizona gas prices falling; national average below $2
Apr 1, 2020, 6:00 PM
Prices are posted at a gas station Tuesday, March 31, 2020, in Brandon, Miss. Earlier this week, U.S. gasoline prices had dropped to their lowest levels in four years, and they are almost sure to go lower as oil prices plunge. (AP Photo/Julio Cortez)
(AP Photo/Julio Cortez)
PHOENIX — Gas prices aren’t decreasing only in Arizona.
Nationally, the average price of regular gas is below $2 per gallon for the first time since 2016, according to AAA.
On Tuesday, the country-wide average price of gas fell to $1.99 as the Saudi Arabia and Russia crude oil-price war continues during the coronavirus pandemic.
The average a year ago was about $2.69.
In Arizona, the average price Wednesday was about $2.44. That’s well down from its cost on April 16, 2019, which was about $2.97. The year prior, Arizona’s average gas price was about $2.74.
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The low point Arizona has reached since in the last four years was $1.51 in February 2016. The average price in the state hasn’t bounced below $2.00 since that year, according to GasBuddy.
AAA believes the average gas price could continue falling and see a low point of $1.75 in April.
The only states with gas prices above $3 as of Tuesday was Hawaii at $3.36 and California at $3.05.
Twenty-nine states had gas prices under $2. Oklahoma was cheapest at $1.55.
