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GAS PRICES

Gas prices jump across the Valley, state and nation

Gas prices are up again across the region as oil prices jumped again this week.

Prices in the Valley rose 4 cents this week to $4.82 a gallon, while the state average rose 4 cents to 4.71 a gallon and the national average rose a whopping 34 cents a gallon to reach $4.39 a gallon according to AAA Arizona on Friday.

“Oil prices have surged above $100 a barrel with no indication of when the Strait of Hormuz will reopen,” said AAA Mountain West Group spokesperson Doug Johnson in a release. “Gas prices are the highest they’ve been in four years.”

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