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Friday, November 4, 2011

CER Bi-Weekly Gas Price Press Release 11-4-11

 

 

 

PRESS RELEASE: November 4, 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 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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