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Friday, November 18, 2011

CER Bi-Weekly Gas Price Press Release 11-18-11

 

 

 

PRESS RELEASE: November 18, 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 continue to decline

 

According to the Cochise College Center for Economic Research’s latest biweekly survey of gas prices, conducted November 14 through November 18, the average price of a gallon of regular unleaded gasoline in Cochise County decreased from $3.48 to $3.46 over the preceding two-week period. According to AAA Arizona, the statewide price decreased slightly from $3.34 to $3.33 per gallon. Nationally, according to the Energy Information Administration, gas prices decreased from $3.45 to $3.44 during the two-week period.

 

In Benson, the price of a gallon of regular unleaded gasoline decreased slightly from $3.54 to $3.53. In Bisbee, the price dropped from $3.55 to $3.53. The price in Douglas decreased from $3.53 to $3.50 per gallon. In Huachuca City, the price dropped from $3.42 to $3.38. In Sierra Vista, the price of a gallon of regular unleaded gasoline decreased from $3.38 to $3.36. In Tombstone, the price decreased from $3.41 to $3.38. Willcox saw gas prices decrease slightly from $3.48 to $3.47 during the two-week period.

 

One year ago, the nationwide average price of a gallon of regular unleaded gasoline, according to the EIA, was $2.89, which is 55 cents lower than its current price. At the state level, according to AAA Arizona, the price a year ago was $2.78, which is 55 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 65 cents lower than the price from the most recent survey.

 

 

LOCAL, STATE, AND NATIONAL AVERAGE GAS PRICES

 

Week of 10/31/2011

Week of 11/14/2011

United States

       $3.45

       $3.44

Arizona

       $3.34

       $3.33

Cochise County

       $3.48

       $3.46

    Benson

      $3.54

      $3.53

    Bisbee

         $3.55

         $3.53

    Douglas

       $3.53

       $3.50

    Huachuca City

       $3.42

       $3.38

    Sierra Vista

       $3.38

       $3.36

    Tombstone

       $3.41

       $3.38

    Willcox

       $3.48

       $3.47

 

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