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Saturday, December 3, 2011

CER Bi-Weekly Gas Price Press Release 12-2-11

 
 
PRESS RELEASE: December 2, 2011
 
Iris Routhieaux
Information Specialist, Center for Economic Research
Cochise College
901 N. Colombo Ave.
Sierra Vista, AZ 85635
 
Phone: 520-515-5486
 
 
Local gas prices continue to fall
 
According to the Cochise College Center for Economic Research's latest biweekly survey of gas prices, conducted November 28 through December 2, the average price of a gallon of regular unleaded gasoline in Cochise County decreased from $3.46 to $3.40 over the preceding 2 week period. According to AAA Arizona, the statewide price decreased from $3.33 to $3.27 per gallon. Nationally, according to the Energy Information Administration, gas prices dropped from $3.44 to $3.31 during the two-week period.
 
In Benson, the price of a gallon of regular unleaded gasoline decreased from $3.53 to $3.49. In Bisbee, the price decreased from $3.53 to $3.50. The price in Douglas decreased from $3.50 to $3.44 per gallon. In Huachuca City, the price decreased from $3.38 to $3.32. In Sierra Vista, the price of a gallon of regular unleaded gasoline decreased from $3.36 to $3.29. In Tombstone, the price decreased from $3.38 to $3.34. Willcox saw gas prices drop from $3.47 to $3.40 during the two-week period.
 
One year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to the EIA, was $2.86, which is 45 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was $2.80, which is 47 cents lower than the current price per gallon. At the county level, according to the CER survey, the price a year ago was $2.82, which is 58 cents lower than the price from the most recent survey.
 
 
LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES
 
Week of 11/14/2011
Week of 11/28/2011
United States
       $3.44
       $3.31
Arizona
       $3.33
       $3.27
Cochise County
       $3.46
       $3.40
    Benson
      $3.53
      $3.49
    Bisbee
         $3.53
         $3.50
    Douglas
       $3.50
       $3.44
    Huachuca City
       $3.38
       $3.32
    Sierra Vista
       $3.36
       $3.29
    Tombstone
       $3.38
       $3.34
    Willcox
       $3.47
       $3.40
 
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