Trusted local news leader for Prescott area communities since 1882
Wed, Nov. 20

Fuel prices remain high nationwide

AAA Arizona on Thursday reported fuel prices nationwide remain at multi-week highs.

In Prescott, the average price for regular unleaded is $3.331 per gallon, a dip of 0.4 cents from the past week. That's nearly 45 cents higher than it was at this point in 2011.

The statewide average is $3.324 per gallon, an increase of 3.3 cents from the past week, and the national average fell less than a penny to $3.378.

The price of crude oil spent the week trading above the $100 per barrel range, which is a record high for the first month of any year, according to the release.

National demand for gasoline is at a multi-year low, but high crude prices and reports of impending refinery shutdowns are pushing prices higher.

Linda Gorman, director of communications and public affairs for AAA Arizona, said the high barrel prices for January are an ominous sign for prices as fuel producers look to begin refinery maintenance in February.

Yuma and Tucson are at opposite ends of the price spectrum at $3.434 and $3.185 per gallon, respectively.

California motorists continue to pay the highest average price in the lower 48 states at $3.705 per gallon, and Utah drivers are paying the lowest average price in the nation at $2.971.

For more information, visit www.aaa.com/fuelfinder.

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