Arizona
Arizona gas prices rise above national average amid Middle East conflict
PHOENIX (AZFamily) — The average price of regular gasoline in Arizona surged more than 30 cents in just a few days, according to AAA, leaving the state’s average at around $3.84 per gallon as of Sunday. The national average stands at $3.45.
Arizona is now one of the most expensive states in the country to fill up, topping the national average by nearly 40 cents.
AAA said the war in Iran is affecting crude oil prices, which are now trading at more than $100 per barrel. Arizona’s Family also reported a slowdown in a major ship channel in the Middle East, adding further pressure to the market.
A seasonal factor is also contributing to the spike. The transition to summer-blend gasoline, which is required in spring, is driving prices higher as well.
Drivers at a central Phoenix gas station said they were caught off guard by the rapid increase.
“I was appalled,” one driver said.
“It was ridiculous,” said another.
“That is a lot, especially in such a short period of time,” said Andrea Webb.
The gas station attendant said some drivers are limiting how much they spend per fill-up, putting in only $10 to $20 at a time. Others said they are actively searching for the lowest posted price.
“I feel like I’m always on the hunt for whatever is the cheapest gas,” said Bailey Mitchell. “This was $4.09 versus $4.15, so I’ll take it.”
Not all drivers said they are cutting back.
“I’m gonna bite the bullet. I need gas in my car. I’ll fill it up,” said Webb.
ASU professor of supply chain management, Hitendra Chaturvedi, said oil prices could approach $130 per barrel if the war in Iran continues. That scenario could push Arizona gas prices close to $6 per gallon, the professor said. No timeline was given.
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