PRESS RELEASE: February 24, 2012
Iris Routhieaux
Information Specialist, Center for Economic Research
Cochise College
901 N. Colombo Ave.
Sierra Vista, AZ 85635
Phone: 520-515-5486
Email: routhieauxi@cochise.edu
Local gas prices on the rise
According to the Cochise College Center for Economic Research's latest survey of gas prices, conducted February 20—24, the average price of a gallon of regular unleaded gasoline in Cochise County jumped from $3.44 to $3.56 over the preceding 2 week period. According to AAA Arizona, the statewide price climbed from $3.43 to $3.58 over the same period. Nationally, according to the Energy Information Administration, the price increased from $3.48 to $3.59.
In Benson, the price of a gallon of regular unleaded gasoline increased from $3.56 to $3.65. In Bisbee, the price jumped from $3.45 to $3.62. The price in Douglas increased from $3.43 to $3.53 per gallon. In Huachuca City, the price increased from $3.38 to $3.48. In Sierra Vista, the price increased from $3.39 to $3.55. In Tombstone, the price climbed from $3.39 to $3.62. Willcox saw the price of gas increase from $3.44 to $3.49 per gallon.
A year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to EIA, was $3.19, which is 40 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was 32 cents lower at $3.26. At the county level, according to the CER survey, the price a year ago was 26 cents lower at $3.30.
| LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES | ||
| | Week of 2/6/2012 | Week of 2/20/2012 |
| United States | $3.48 | $3.59 |
| Arizona | $3.43 | $3.58 |
| Cochise County | $3.44 | $3.56 |
| Benson | $3.56 | $3.65 |
| Bisbee | $3.45 | $3.62 |
| Douglas | $3.43 | $3.53 |
| Huachuca City | $3.38 | $3.48 |
| Sierra Vista | $3.39 | $3.55 |
| Tombstone | $3.39 | $3.62 |
| Willcox | $3.44 | $3.49 |
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