Here’s why gas prices in Arizona have dropped under $4 a gallon

Jun 27, 2023, 11:00 AM

(AP Photo/Gene J. Puskar)...

(AP Photo/Gene J. Puskar)

(AP Photo/Gene J. Puskar)

PHOENIX — The average price for a gallon of gas in Arizona has dropped under $4, a welcome development that one industry expert says has staying power.

Julian Paredes, AAA spokesman, said the completion of maintenance at refineries in New Mexico and Texas that provide gas in the state has brought supply back to normal levels.

“That’s supply from those two refineries that are coming back again and that’s really helping bring prices back down again,” Paredes said. “Really, prices are just coming back to where they should be.”

Arizona, with a $3.96 statewide average, is still seeing higher prices most of the rest of the country, but drivers are finally getting relief after paying some of the most expensive prices nationwide over the past few months.

The statewide average is down 15 cents from a week ago and 60 cents in the past month.

Paredes said the price drop has especially been felt in metro Phoenix, although the $4.10 average still eclipses what’s happening across the country.

Nationwide, the average gallon cost drivers $3.56 as of Tuesday.

“Gas prices were nearing $5 for a little bit there,” Paredes said. “But we’ve seen a fairly dramatic decrease in gas prices in the last month or so and specifically in Phoenix.”

The looming Fourth of July holiday weekend shouldn’t have a large effect on prices, according to Paredes.

He thinks the average could continue to dip because of how drivers changed their practices when prices were swelling.

“It might actually be a little bit lower because when prices were nearing $5, people may have changed their driving habits,” Paredes said.

“So demand in Arizona might actually be lower than it should be or normally is just because prices have been so high for the last few months or so.”

KTAR News 92.3 FM’s Taylor Kinnerup contributed to this report.

We want to hear from you.

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

Arizona News

Gila River Bridge issue causes shutdown of EB Interstate 10 lanes...

EB I-10 closed south of Phoenix due to ‘bridge deck issue’ with Gila River Bridge

A Gila River bridge issue caused a shutdown of the eastbound lanes of the Interstate 10 near Riggs Road on Tuesday morning, officials said.

2 hours ago

Kamala Harris...

Heidi Hommel

VP Kamala Harris hosts reproductive freedom campaign event in Phoenix

The Biden-Harris campaign wants to make one thing clear to voters: Former President Donald Trump is responsible for overturning Roe v. Wade.

3 hours ago

(Pexels File Photo)...

Woman found injured in Phoenix alley dies at hospital

The Phoenix Police Department is investigating the murder of a woman who was found with serious injuries in an alley earlier this month.

3 hours ago

Surprise Police...

Surprise police investigate murder-suicide of elderly couple

The Surprise Police Department is investigating the death of an elderly couple, which appears to be a murder-suicide case.

3 hours ago

Dirtiest cities in the United States: Is Phoenix really No. 6?...

Serena O'Sullivan

New study ranks Phoenix as the 6th dirtiest city in the US

Phoenix ranked No. 6 on a new list of the dirtiest cities in the United States from LawnStarter, according to a Monday news release.

4 hours ago

Many U.S. $100 bills are spread out. One Arizona lottery player recently won a $10,000 prize, while...

Arizona Mega Millions player wins $10K while deadline nears for $50K Powerball ticket

One Arizona lottery player recently won a five-figure prize, while another is running out of time to claim an even larger payout.

12 hours ago

Sponsored Articles


Sanderson Ford

3 new rides for 3 new road trips in Arizona

It's time for the Sanderson Ford Memorial Day sale with the Mighty Fine 69 Anniversary, as Sanderson Ford turned 69 years old in May.


Collins Comfort Masters

Here’s how to be worry-free when your A/C goes out in the middle of summer

PHOENIX -- As Arizona approaches another hot summer, Phoenix residents are likely to spend more time indoors.


Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

Here’s why gas prices in Arizona have dropped under $4 a gallon