Page 19 - Pump Prices News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Low gas prices have coincided with higher presidential approval ratings in recent years, meaning the prices at the pump can play a large role during election season.

Arizona's average price for a gallon of gas fell by 5 cents since last week, now putting in 22 cents above the national average.

Arizona took the nation's largest dip in average price for a gallon of gas again this week, falling by 11 cents.

And prices have eased a bit since. but here's the catch — this red line is the average price of petrol at the pump. and this?is the wholesale price — what it actually costs retailers to buy the fuel they sell. the concern is that the gap between the two has been getting wider. and that when wholesale prices go up, extra costs are passed on to you and me very quickly. but when they go down, pump prices are very slow to follow. our main conclusion is that competition is not working well in this market. we've seen that competition between retailers of petrol and diesel is not as effective as ...

The statewide average price at the pump dropped to $3.92.