Fuel prices stabilize after spike - Ahwatukee Foothills News: Valley And State

Fuel prices stabilize after spike

Print
Font Size:
Default font size
Larger font size

Posted: Friday, December 17, 2010 1:36 pm | Updated: 1:24 pm, Tue Feb 28, 2012.

Fuel prices began to display early signs of stabilization last week, according to AAA. Statewide, Thursday's fuel price was $2.877, an increase of 1.1 cents from the previous week. Nationwide, prices increased by just under a penny to $2.984 per gallon.

After climbing to a 26-month high the first week of December, the price of crude oil fell back to the high $80 range.

"While pump prices remain nearly a dime higher compared to last month and 30 cents higher compared to last year, 1.8 million Arizonans - or more than nine in 10 holiday travelers - will embark on a road trip before the year is through," said Linda Gorman, director of communications and public affairs for AAA Arizona. "Given the volatility of the market and the volume of year-end holiday auto travelers, pump prices are likely to hold steady, and possibly inch a bit higher before 2010 comes to a close."

More about

  • Discuss

Desert Vista Thunder Football Preview 2014

The Thunder look to return to their winning ways behind a talented junior class and a group of...

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Desert Vista Thunder Football Preview 2014

The Thunder look to return to their winning ways behind a talented junior class and a group of...

MP talent contest - WRs

Isaiah Banks and company flips out to win it all

MP talent contest - LB

Epic fail on this attempt