PRESS RELEASE: November 4, 2011
Iris Routhieaux
Information Specialist, Center for Economic Research
Cochise College
901 N. Colombo Ave.
Sierra Vista, AZ 85635
County gas price down
According to the Cochise College Center for Economic Research's latest biweekly survey of gas prices, conducted October 31 through November 4, the average price of a gallon of regular unleaded gasoline in Cochise County decreased from $3.50 to $3.48 over the preceding two-week period. According to AAA Arizona, the statewide price decreased from $3.36 to $3.34 per gallon. Nationally, according to the Energy Information Administration, gas prices decreased from $3.48 to $3.45 during the two-week period.
In Benson, the price of a gallon of regular unleaded gasoline increased slightly from $3.53 to $3.54. In Bisbee, the price decreased from $3.57 to $3.55. The price in Douglas decreased from $3.55 to $3.53 per gallon. In Huachuca City, the price dropped from $3.47 to $3.42. In Sierra Vista, the price of a gallon of regular unleaded gasoline decreased from $3.40 to $3.38. In Tombstone, the price remained unchanged at $3.41. Willcox saw gas prices decrease slightly from $3.49 to $3.48 during the two-week period.
One year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to the EIA, was $2.81, which is 64 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was $2.76, which is 58 cents lower than the current price per gallon. At the county level, according to the CER survey, the price a year ago was $2.81, which is 67 cents lower than the price from the most recent survey.
| LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES | ||
| | Week of 10/17/2011 | Week of 10/31/2011 |
| United States | $3.48 | $3.45 |
| Arizona | $3.36 | $3.34 |
| Cochise County | $3.50 | $3.48 |
| Benson | $3.53 | $3.54 |
| Bisbee | $3.57 | $3.55 |
| Douglas | $3.55 | $3.53 |
| Huachuca City | $3.47 | $3.42 |
| Sierra Vista | $3.40 | $3.38 |
| Tombstone | $3.41 | $3.41 |
| Willcox | $3.49 | $3.48 |
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