Gas prices keep falling ahead of the holiday season. Here's how much you'll pay.

Kye Graves
Arizona Republic
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Arizona recorded yet another price drop at the pump this week, doubling the loss seen at the national level.

On Thursday, AAA reported that Grand Canyon state residents were paying around $3.39 when filling up across the state. Over the last few months of the autumn and winter season, Arizona's price gap between the national average has significantly narrowed each week, now at just 19 cents.

On Sept. 21, the day before the Autumn solstice, Arizona's state-wide mean for a gallon of gas sat at roughly $4.65, 80 cents more than the total U.S. average. AAA stated, at the time, that gas prices had just reached their 2023 high a few days earlier, hitting $3.88 for the country.

Since then, with the help of a typically cheaper switch to winter gasoline blends and a decreasing cost for oil, the cost of gas has plummeted in Arizona, shedding $1.26 off of its total. It has by far outpaced its national counterpart, which only decreased by 68 cents in that span.

For this week, AAA reported that the national average for a gallon of gas dipped by four cents since the week prior, placing the total at $3.20. According to AAA data, Thursday's listed U.S. price is 20 cents less than it was in November and 15 cents less than it was this time in 2022.

“Historically, crude oil tends to drop nearly 30 percent from late September into early winter with gasoline prices trailing the play,” AAA spokesperson Andrew Gross said in the group's weekly report. “More than half of all US fuel locations have gasoline below $3 per gallon. By the end of the year, the national average may dip that low as well.”

New data put out by the Energy Information Administration, as cited by AAA, showed gasoline demand rise from 8.21 million barrels per day to 8.47 million. Total domestic stocks for the resource received a big buff as well, jumping by 5.4 million barrels of crude oil to settle at 223.6 million.

However, total domestic commercial crude inventories fell by 4.7 million barrels of crude oil, bringing the stock down to 445 million.

Wednesday's close to the formal trading session saw West Texas Intermediate (WTI) dip by $2.94, dropping its price to $69.38. According to Union Pacific statistics, this is the first time since July 3 that the WTI price has fallen below $70.

How much does gas cost across Arizona?

A slew of well-rounded losses has helped usher in the holiday season across the Arizona landscape, gifting the state its first county below $3 a gallon in quite some time.

Gila County remains at the top of the list since last week with a total of $3.72. It stood as the only Arizona territory to not register a change in price this week.

The biggest loss took place in Greenlee County, where residents saw an 18-cent decline in average price, dropping the figure to $3.46.

Lastly, Pima County has kept the ball rolling, still holding out as the state's cheapest option at $2.99.

Here is how the rest of the state stacks up:

  • Gila: $3.72
  • Coconino: $3.66 (-0.04)
  • Mohave: $3.64 (-0.06)
  • Graham: $3.61 (-0.03)
  • Apache: $3.61 (-0.05)
  • Navajo: $3.59 (-0.06)
  • Yavapai: $3.56 (-0.09)
  • Yuma: $3.52 (-0.04)
  • Cochise: $3.51 (-0.08)
  • La Paz: $3.47 (-0.03)
  • Greenlee: $3.46 (-0.18)
  • Maricopa: $3.40 (-0.09)
  • Santa Cruz: $3.34 (-0.06)
  • Pinal: $3.15 (-0.09)
  • Pima: $2.99 (-0.12)

Where is gas the most and least expensive in the US?

Most expensiveLeast expensive
California: $4.74 (-0.10)Texas: $2.68 (-0.06)
Hawaii: $4.70 (-0.01)Mississippi: $2.72 (-0.04)
Washington: $4.30 (-0.05)Oklahoma: $2.74 (-0.02)
Nevada: $4.07 (-0.08)Missouri: $2.75 (-0.06)
Oregon: $3.96 (-0.05)Louisiana: $2.75 (-0.06)
Alaska: $3.88 (-0.06)Arkansas: $2.78 (-0.04)
Pennsylvania: $3.54 (-0.03)Kansas: $2.83 (-0.06)
New York: $3.51 (-0.05)Alabama: $2.84 (-0.04)
Idaho: $3.49 (-0.11)Tennessee: $2.85 (-0.07)
Vermont: $3.43 (-0.02)Iowa: $2.87 (-0.04)
Source: AAA data on the most and least expensive gas markets in the U.S.
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