PRESS RELEASE: March 12, 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 continue to rise
According to the Cochise College Center for Economic Research's latest survey of gas prices, conducted March 5—9, the average price of a gallon of regular unleaded gasoline in Cochise County rose from $3.56 to $3.76 over the preceding 2 week period. According to AAA Arizona, the statewide price climbed from $3.58 to $3.83 over the same period. Nationally, according to the Energy Information Administration, the price increased from $3.59 to $3.79.
In Benson, the price of a gallon of regular unleaded gasoline increased from $3.65 to $3.78. In Bisbee, the price increased from $3.62 to $3.78. The price in Douglas jumped from $3.53 to $3.76 per gallon. In Huachuca City, the price climbed from $3.48 to $3.79. In Sierra Vista, the price increased from $3.55 to $3.74. In Tombstone, the price climbed from $3.62 to $3.82. Willcox saw the price of gas increase from $3.49 to $3.69 per gallon.
A year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to EIA, was $3.52, which is 27 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was 35 cents lower at $3.48. At the county level, according to the CER survey, the price a year ago was 29 cents lower at $3.47.
| LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES | ||
| | Week of 2/20/2012 | Week of 3/5/2012 |
| United States | $3.59 | $3.79 |
| Arizona | $3.58 | $3.83 |
| Cochise County | $3.56 | $3.76 |
| Benson | $3.65 | $3.78 |
| Bisbee | $3.62 | $3.78 |
| Douglas | $3.53 | $3.76 |
| Huachuca City | $3.48 | $3.79 |
| Sierra Vista | $3.55 | $3.74 |
| Tombstone | $3.62 | $3.82 |
| Willcox | $3.49 | $3.69 |
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