For Star subscribers: It might be worth driving a little further for gas in the Tucson area, as the range of prices has widened to as much as 90 cents per gallon.
David Wichner It may be worth driving a little further to fill up your gas tank these days in Tucson.
People are also reading… In some cases, there are wide price variances even among the same store chains within a few miles. GasBuddy, which relies on members to enter what they paid for gas at a particular retail outlet, pegged Tucson’s average price at $3.49 per gallon. The price spread in the greater Tucson metro area was 91 cents this week, according to GasBuddy, but that included two stations selling gas for $3.99 per gallon, with higher-priced outlets generally in the $3.40-$3.70 range.He cited a $1.37 spread in Denver and 30-cent variance in much smaller Billings, Montana.
“When prices go up, the spread narrows, and when prices come down, the spread widens,” De Haan said. “Since we've been in such a long trend of downward prices, there's a lot of variance on the way down, especially in this circumstance.” This week the price spread for what retailers pay for wholesale gas was about 50 cents per gallon, De Haan noted.
The wholesale cost retailers pay for gas varies depending on their purchase volume, whether they sell branded fuel , competition discounts sometimes allowed to retailers and the cost of real estate, while the price retailers charge vary based on their business strategies, the association says. “At the other end of the spectrum, real estate value, convenience of a station for the driver, and competition among stations affect cost, too,” said Greene, whose association represents major oil refiners.
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