Gas prices are falling across the country, but not in Arizona. Here's why
According to AAA data, gas prices in Arizona are up nearly 90 cents from a year ago. An ASU economist says it’ll take time to see prices back to something ‘more normal.'
In this story aired and published on Sept. 14, 2022, on 12 News Arizona:
If you are asking me, ‘Are oil prices and gas prices going to return to what we regard as more normal?’ I would say, absolutely. Definitely. 'You asked me when? I would say, short term: no. Long term: yes.
– Lee McPheters, research professor of economics and director of the JPMorgan Chase Economic Outlook Center
Latest news
- Summer reads with real impact
Business school faculty and staff recommend seven books — from inspiring memoirs to the evolving…
- Student economists share fresh insights in short paper competition
This spring, ASU students competed for cash prizes and to earn a chance to present at the W. P…
- This business school is launching 4 new online degrees. It's part of a growing trend to serve working students
W. P.