Copyright 2010 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 07/09/2012
PHOENIX - National gas prices went up almost four cents last week, averaging $3.41 per gallon, but Phoenix saw prices drop almost five cents to a $3.31 per gallon average.
According to GasBuddy.com, gas prices in Phoenix are 29.7 cents lower than they were a month ago, but remain the same as one year ago today.
GasBuddy.com Senior Petroleum Analyst Patrick DeHaan said in a news release that although prices dropped over the past month, prices are starting to rise again.
“While I don't necessarily believe that the recent uptick in crude prices will stick, I also don't see prices falling considerably lower until after the conclusion of the summer driving season, when demand declines, and more expensive blends are phased out,” DeHaan said.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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