Record Gas Prices Going Even Higher

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AAA Arizona said that motorists across the state should brace themselves for continued record gasoline prices.

In a press release AAA said the average cost per-gallon across the state is $3.23 and that despite a weaker demand prices continue climbing for the fifth consecutive week.

In Payson, the average price per-gallon of regular unleaded is $3.20 with a high of $3.36 and a low of $3.15. The average price for diesel is $3.97 .

The lowest prices in the nation are in New Jersey where unleaded regular is $3.05 per-gallon.

California drivers continue to pay the most for fuel in the country at $3.63 per- gallon.

In early February, gas in Payson could be found for as little as $2.89 per gallon.

Nationally, drivers are paying an average of $3.27 for a gallon of fuel this week, about four cents a gallon more than Arizona drivers.

"Traditionally, Arizona drivers have paid some of the lowest gas prices in the nation," said AAA Arizona Public Affairs Manager Linda Gorman. "But I don't see that happening this year."

"Over the last few weeks, the market has been driven strictly by record breaking crude prices. While crude is still no bargain, trading at over $100 per barrel, over the last 48 hours, we have seen it back away from record highs," said Linda Gorman, public affairs manager for AAA Arizona.

"This could mean that the market is beginning to normalize with weak demand placing downward pressure on oil prices. However, it is really too soon to tell if this will continue as the market remains volatile. Additionally, we would have to see several days of crude trading at lower prices before it would translate to lower prices at the pump," she said.

For fuel price information and gas saving tips visit www.AAAAZ.

com/news or www.AAA.com/fuelfinder.

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