PRESS RELEASE: October 12, 2011
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
County gas prices down
According to the Cochise College Center for Economic Research’s latest biweekly survey of gas prices, conducted October 3 through October 7, the average price of a gallon of regular unleaded gasoline in Cochise County decreased from $3.59 to $3.51 over the preceding 2 week period. According to AAA Arizona, the statewide price dropped from $3.46 to $3.36 per gallon. Nationally, according to the Energy Information Administration, gas prices dropped from $3.60 to $3.43 during the two-week period.
In Benson, the price of a gallon of regular unleaded gasoline decreased from $3.62 to $3.59. In Bisbee, the price decreased from $3.63 to $3.59. The price in Douglas decreased from $3.62 to $3.56 per gallon. In Huachuca City, the price decreased from $3.48 to $3.45. In Sierra Vista, the price of a gallon of regular unleaded gasoline decreased from $3.51 to $3.42. In Tombstone, the price dropped from $3.55 to $3.41. Willcox saw gas prices drop from $3.66 to $3.51 during the two-week period.
One year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to the EIA, was $2.73, which is 70 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was $2.68, which is 68 cents lower than the current price per gallon. At the county level, according to the CER survey, the price a year ago was $2.74, which is 77 cents lower than the price from the most recent survey.
LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES | ||
Week of 9/19/2011 | Week of 10/3/2011 | |
United States | $3.60 | $3.43 |
Arizona | $3.46 | $3.36 |
Cochise County | $3.59 | $3.51 |
Benson | $3.62 | $3.59 |
Bisbee | $3.63 | $3.59 |
Douglas | $3.62 | $3.56 |
Huachuca City | $3.48 | $3.45 |
Sierra Vista | $3.51 | $3.42 |
Tombstone | $3.55 | $3.41 |
Willcox | $3.66 | $3.51 |
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