Gas prices in metro Phoenix reach record average of $4.75 per gallon

May 10, 2022, 2:00 PM
(Flickr Photo/Arizona Department of Transportation)...
(Flickr Photo/Arizona Department of Transportation)
(Flickr Photo/Arizona Department of Transportation)

PHOENIX – Gas prices in metro Phoenix hit a record average Tuesday and could climb higher, an Arizona motor club spokesman said.

The average cost for a gallon of gas in the Valley has hit $4.75. Diesel fuel also hit a new high of $5.47. Aldo Vazquez with AAA Arizona cites Russia’s war in Ukraine as a main disruptor in the global oil supply.

“It’s going to be hard for crude oil prices to fall. Unfortunately that means consumers are going to continue to face these higher prices at the pump,” he said to KTAR News 92.3 FM.

“That’s outweighing the demand concerns prompted by the impact of COVID-19 on China’s economy, which is one of the largest economies that consumes oil.”

The national average for a gallon of gasoline has jumped 20 cents to $4.32, a penny less than the record high set on March 11. Crude oil is bubbling up almost $100 per barrel, the agency said.

AAA said the average price of gas in Arizona is $4.67 for a gallon, closing in on the record of $4.69 set March 29. Statewide diesel has reached a record of $5.475.

Arizona has the eighth-most expensive gas in the country as of Monday, trailing California ($5.82), Hawaii ($5.28), Nevada ($5.11), Washington ($4.83), Oregon ($4.81), Alaska ($4.73) and Washington, D.C. ($4.69).

KTAR News 92.3 FM’s Jim Cross contributed to this report.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Arizona Department of Transportation Photo)...

East Valley bridge over I-10 to close for 2 weeks starting Monday

Guadalupe Road over Interstate 10 will be closed for two weeks starting Monday for work related to the Broadway Curve Improvement Project.
17 hours ago
(Facebook Photo/Glendale Police Department)...

Suspect in critical condition following shooting with Glendale Police

A suspect was in critical condition following a shooting with the Glendale Police Department on Wednesday, authorities said.
17 hours ago
(KTAR News Photo)...
Kevin Stone

Arizona Gov. Doug Ducey signs bill investing more than $1B in water supply

Arizona Gov. Doug Ducey signed a bill Wednesday that allocates $1.2 billion over three years for projects to boost and secure the state’s water supply.
17 hours ago
(Photo by Sandy Huffaker/AFP via Getty Images)...
Danny Shapiro

Arizona GOP Gov. Doug Ducey says abortion law in state will come down to courts

Republican Arizona Gov. Doug Ducey expects the prevailing law on abortion in the state to be determined through the courts.
17 hours ago
Arizona Gov. Doug Ducey is interviewed in the KTAR News studio on July 6, 2022. (KTAR News Photo/Je...

Arizona Gov. Doug Ducey mum on endorsing his successor

With less than a month to go until Arizona's primary election, Republican Gov. Doug Ducey remains mum on his preferred successor.
17 hours ago
Kari Lake, left, and Karrin Taylor Robson...
Kevin Stone

Poll: Salmon exit helps Taylor Robson, but Lake still leads Arizona GOP governor race

Karrin Taylor Robson picked up ground in Arizona’s GOP gubernatorial race after Matt Salmon withdrew, but Kari Lake is still leading, according to new polling.
17 hours ago

Sponsored Articles

Day & Night Air Conditioning, Heating and Plumbing

Most plumbing problems can be fixed with regular maintenance

Instead of waiting for a problem to happen, experts suggest getting a head start on your plumbing maintenance.
Carla Berg, MHS, Deputy Director, Public Health Services, Arizona Department of Health Services

Vaccines are safe if you are pregnant or breastfeeding

Are you pregnant? Do you have a friend or loved one who’s expecting?
Arizona Division of Problem Gambling

Arizona Division of Problem Gambling provides exclusion solution for young sports bettors

Sports betting in Arizona opened a new world to young adults, one where putting down money on games was as easy as sending a text message.
Gas prices in metro Phoenix reach record average of $4.75 per gallon