Gas prices continue to drop - East Valley Tribune: Business

Gas prices continue to drop

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Posted: Saturday, December 24, 2011 3:59 pm

Just in time for the holidays, prices at the pump continue to drop in Arizona. Gas prices fell a little more than a penny to $3.153 per gallon on Thursday. The nationwide average shed more than four cents to $3.216 per gallon.

For the first time ever, the price of fuel in Arizona is above $3 per gallon as the year-end holiday travel period begins. This marks the second year on record that the national average will spend the Christmas holiday above the $3 mark.

In the East Valley, the average price of fuel is $3.119 per gallon, or .06 cents less than last week.

“While motorists will pay more heading into year-end holidays than ever before, year-over-year prices have narrowed dramatically over the course of 2011,” said Linda Gorman, spokeswoman for AAA Arizona.

The average price of fuel in Arizona this year was $3.153, compared to $3.216 in 2010, according to AAA Arizona.

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