Average Arizona gas price expected to dip under $3 soon
PHOENIX — As the summer heat ramps up, Arizonans are finding some relief at the gas pump.
The average gas price in the state has been dropping closer to $3 since it peaked at $3.18, according to GasBuddy.
“Phoenix has seen a nice decline in the last week — it’s down by about 8 cents to $3.07, so it’s knocking on the door,” Patrick DeHaan, GasBuddy analyst, told KTAR News 92 3. FM on Thursday.
“But Arizona probably will fall back under $3 a gallon for a statewide average in the next, say, 72 hours or so.”
DeHaan said falling oil prices and refineries getting back online after technical issues are responsible for the dip.
The state still sat far above the national average of $2.73 per gallon, the lowest it’s been since early April, according to GasBuddy.
Arizona was among the nine states with an average price above $3 as of Thursday.
This was the fifth straight week that the country’s average gas price has dropped.