Arizona gas prices rise 15 cents in one week

Arizona gas prices increased by 15 cents in one week, the Eastern Arizona Courier reported.

The reported change

The development is a statewide increase in gasoline prices over a seven-day period. The report identifies the change as 15 cents, but the current price and the price at the start of the week are not stated here.

What the increase means

A 15-cent change affects the amount drivers pay when filling a vehicle. The total added cost depends on how many gallons are purchased. For example, a driver buying 10 gallons would pay more at the new price than at the earlier price, if the full 15-cent difference applied to that purchase.

What remains to be checked

The reported change does not identify whether the increase was the same in every Arizona community. It also does not establish whether prices changed by the same amount at every station or whether the increase applied equally to regular, midgrade and premium gasoline.

The report also does not establish why prices rose during the week. Factors that can affect retail gasoline prices include wholesale costs, transportation expenses, taxes and local competition, but no specific cause is identified here.

Consumer impact

Drivers can compare prices among nearby stations before filling up. The amount paid will depend on the station, the fuel grade and the number of gallons purchased.

The Eastern Arizona Courier’s report is the cited account of the one-week increase. No primary government or industry record is identified in the material linked for this brief.