AZ fuel prices drop for second straight week - Tucson News Now

AZ fuel prices drop for second straight week

TUCSON, AZ (Tucson News Now) -

Arizona gasprices decreased around four cents this week to an average of $3.50 per gallon,a smaller drop than the national average of 4.1 cents per gallon, around $3.58.

"The price ofcrude oil retreated slightly over the last two weeks, driving pump prices inthe same direction," said Linda Gorman, director of communications and publicaffairs for AAA Arizona. "However, AAA still maintains that August will be aseesaw for pump prices due to tensions in the Middle East and impendinghurricane activity."

The Environmental Protection Agency finalized 2013 standards for the RenewableFuels Standard program this week. It requires increased amounts of renewablefuels, such as ethanol, to be blended into gasoline every year. The agency saidit may consider further ethanol increases in 2014 as well.

Gorman said EPA's decision provides a temporary solution to prevent the use ofpotentially damaging E15 gasoline or increased gas prices.

"Withcongressional help, the agency can obtain the authority and direction to makemuch needed changes to unachievable renewable fuel targets in the future,"Gorman said.

Tucson continues to pump thelowest-costing fuel in the state at an average of $3.36 per gallon, andFlagstaff remains the most expensive at $3.74 per gallon.

Nationally, South Carolina has thecheapest gas at $3.26. Connecticut has taken California's slot as the mostexpensive in the nation at $3.96 per gallon.

Copyright 2013 Tucson News Now. All rights reserved.

 

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