Despite a busy Independence Day holiday, the national average price for a gallon of gasoline fell slightly from last week, dropping about 2 cents to a total of $3.52.
The expected surge in demand associated with mass holiday travel has yet to occur, but is likely to be seen in the coming days, according to the American Automobile Association.
AAA spokesman Andrew Gross said “gasoline prices could rise in the coming days based on a slight increase in demand.” weekly report. “However, this could be more temporary than a trend, and demand could recede as the holidays recede in the rear-view mirror.”
New data from the Energy Information Administration cited by the AAA showed gas demand increased slightly from 9.31 million barrels per day to 9.6 million barrels per day.
Crude supplies have fallen to 2.5 million barrels since last Thursday, leaving domestic inventories at 219.5 million barrels.
West Texas Intermediate (WTI) rose $2 to a total of $71.79 at the end of Wednesday’s formal trading session.
The national average of $3.52 reported Thursday is two cents lower than a month ago and $1.25 lower than in 2022.
Arizona Prices Drop 11 Cents, Again Biggest Loss in Nation
Grand Canyon State national average Somewhere in the middle, this time it’s down 11 cents from the average state pump price from last week.
As of Thursday, Arizona residents are paying an average of $3.82 for a gallon of black gold, about 30 cents more than nationally, making Arizona one of the tastiest markets on the expensive West Coast.
Arizona remains one of the top 10 most expensive markets in the country, repeating the top ten spot for the second week in a row, but posted the biggest rise in the nation and will soon be overtaken by Colorado, which rose 11 cents. There is a possibility that The total from last week is now $3.77.
Top 10: Who pays the most?
- Washington: $4.97
- California: $4.84
- Hawaii: $4.71
- Oregon: $4.62
- Alaska: $4.30
- Nevada: $4.20
- Idaho: $3.94
- Utah: $3.88
- Illinois: $3.87
- Arizona: $3.82
last week:Arizona cuts average gas price by 16 cents for second straight week
Ranking by county
together after a long time Arizona counties The payouts we are paying with our pumps average less than $4.
In addition, Maricopa County was usurped by both $3.95 Coconino County and $3.90 Yavapai County, no longer the state leader in pump prices, resulting in a big swing in the rankings.
Not surprisingly, Graham County remained the cheapest market in the state, with an average payout of $3.26.
The only county where prices increased was Greenlee County.
Here’s how the leaderboard progressed:
- Coconino: $3.95 (-0.06)
- Yavapai: $3.90 (-0.04)
- Maricopa: $3.90 (-0.14)
- Santa Cruz: $3.89 (-0.06)
- Mojave: $3.84 (-0.08)
- Navajo: $3.80 (-0.09)
- Yuma: $3.79 (-0.03)
- Apache: $3.79 (-0.01)
- La Paz: $3.76 (-0.07)
- Pinal: $3.69 (-0.12)
- Pima: $3.61 (-0.11)
- Hira: $3.55 (-0.04)
- Cochise: $3.48 (-0.07)
- Greenlee: $3.31 (+0.02)
- Graham: $3.26
