Gas prices spike in Tucson - Tucson News Now

Gas prices spike in Tucson

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By Mary Rinker, Tucson News Now intern

TUCSON, Ariz. (Tucson News Now) - Gas prices in Tucson are spiking and GasBuddy.com has been tracking the changes.

Prices have gone up 1.8 cents per gallon in the past week, averaging $3.36 per gallon on Sunday, according to GasBuddy's daily survey. This is comparable to the national increase of 2.5 cents per gallon last week.

Gas prices were 11.5 cents per gallon higher on Sunday than they were on the same day last year, and are 6.5 cents higher than they were a month ago.

"While the national average has risen for the 12th straight week, it is likely nearing a peak," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Gas price increases have continued since early February but are likely nearing an end as oil refineries conclude seasonal maintenance, and the switchover to summer gasoline is nearing completion."

Another factor that will bring prices down is that oil inventories are at their highest level ever, according to the Energy Information Administration.

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