Phoenix gas prices expected to fall and stay under June record highs

Oct 7, 2022, 6:00 PM
Gas prices in the San Francisco Bay Area have surged over 40 cents in the past week to an average o...
Gas prices in the San Francisco Bay Area have surged over 40 cents in the past week to an average of $6.05 in San Francisco. The national average for a gallon of regular gasoline is $3.70. (Photo by Justin Sullivan/Getty Images)
(Photo by Justin Sullivan/Getty Images)

PHOENIX — Gas prices in metro Phoenix have creeped up to $5.02 per gallon as of Friday, per AAA, but are expected to see a decline over the coming weeks.

The rise in prices was attributed to refinery issues in California, according to Patrick De Haan, head of petroleum analysis for GasBuddy.

“We’ve seen over four refineries go down unexpectedly,” De Haan said. “The good news is that refinery issues appear to be improving.”

Despite the city average creeping over $5 per gallon, they are not expected to reach the record average price of $5.69 which was seen in June.

“I do think we will start to see a decline in prices coming that could result in a significant drop starting as early as this weekend into next week,” De Haan said. “It could last from six to eight weeks.”

Arizona and the southwest have taken the brunt of the sharp increase as the national average is still comfortably under $4 per gallon at $3.89. The Arizona state average is also well lower than the metro Phoenix area, coming in at $4.55 per gallon.

Prices in California are averaging over $6 per gallon and in Nevada the state average is $5.50 per gallon. Those two states, Arizona and the rest of the Pacific Northwest are projected to see the biggest relief in the coming weeks.

According to De Haan, help is on the way.

“With wholesale prices starting to come back, stations are going to start lowering prices more aggressively,” De Haan projects.

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

(YouTube Screenshot)...

2 Scottsdale schools on lockdown after reports of person with gun

Two campuses in north Scottsdale were placed on lockdown Friday in response to reports of a person with a gun at Cactus Shadows High School.
9 hours ago
Henry Mcleod (Maricopa County Sheriff's Office Photo)...

Suspect accused of stabbing Mesa Fry’s employee after feeling ‘disrespected’

A man was arrested in Mesa after he allegedly stabbed a grocery store worker because he felt disrespected by him last month, authorities said.
9 hours ago
(Luke Forstner/KTAR News)...
Luke Forstner

Growing Asian District in Mesa budding with enthusiasm for restaurants, shops, diversity

The Asian District in Mesa has come to life with enthusiasm for its restaurants, grocers and variety of other businesses.
9 hours ago
(Butterfly Wonderland Facebook Photo/Getty Images)...

Weekend guide: Here are the biggest events around metro Phoenix for Dec. 2-4

With holiday season activities in full swing, here are some of the biggest events in metro Phoenix this weekend.
9 hours ago
(The Global Ambassador Photo)...
Kevin Stone

Mediterranean rooftop restaurant coming to Phoenix’s Global Ambassador hotel

Sam Fox announced that Theà Mediterranean Rooftop will be one of five original restaurants at his first hotel project, The Global Ambassador.
9 hours ago
(Flickr Photo/ADOT)...

No closures scheduled on metro Phoenix freeways for second consecutive weekend

Metro Phoenix drivers won't have to worry about closures on freeways for a second straight weekend.
9 hours ago

Sponsored Articles

Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.

Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
Phoenix gas prices expected to fall and stay under June record highs