Arizona gas prices are continuing to fall. Here’s what to know and where to fill up

Arizona gas prices continued to decline, registering a nine-cent drop in average price per gallon since last week, which is the fourth-largest decrease in the country. On Thursday, AAA reported that …

Arizona gas prices continued to decline, registering a nine-cent drop in average price per gallon since last week, which is the fourth-largest decrease in the country.On Thursday, AAA reported that Grand Canyon State residents were paying about $3.47 per gallon on average at pumps across the state. Arizona’s consistent price drops have outpaced how much the U.S. average has declined over the past few months, allowing the state to make up considerable ground versus its national counterpart, now at $3.24.Since Nov. 2, AAA’s first report for the month, Arizona markets have shaved 44 cents off its statewide mean, while the national average has only fallen by 20 cents. With just a 23-cent difference in price, Arizona is entering a more reasonable middle ground experts have been predicting.In turn, Arizona’s rank among the top 10 most expensive states in the country has also fallen, placing it outside the infamous group.Shifting the focus toward the national scene, prices as a whole only shed 2 cents since the week prior. According to AAA, the reasoning behind the shallow dip is due to a rebounding cost of oil, slowly making its way back to $80 per barrel.“The current streak of daily pump prices either falling or staying flat started o …

See the full article on Arizona’s economic indicators, or, read more Arizona real estate investing news. Take your pick!