Arizona gas prices enjoy historic lows ahead of Memorial Day weekend

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Summer gas prices in Arizona hits historic lows

Drivers in Arizona are enjoying historic low gas prices this Memorial Day with an additional discount for customers at Circle K. FOX 10's Nicole Krasean has more.

Good news for Arizona drivers: gas prices for Memorial Day weekend dipped to the lowest we've seen in years. 

Circle K is adding a perk on top of the low prices with 40 cents off per gallon at certain locations. 

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Circle K Fuel Day is this Thursday

If you need to fill up the tank this week, you might want to do it tomorrow (May 22, 2025), because it's Circle K Fuel Day. There is, however, a catch.

Even if you miss this deal, experts say Arizona drivers are likely in for a nice break from high gas prices this whole summer.

Local perspective:

Customers are excited about a Fuel Day at a local Circle K and welcoming a break for their wallet for a necessary purchase.

"After paying bills, it's like the rest goes to gas. It doesn't matter how much it goes up, if you have a car, you're gonna buy gas," said one customer.

Average prices in Phoenix of $3.61 are the lowest for the Memorial Day weekend since 2021 and with some supply challenges righting themselves, the trend looks promising for the summer.

"Gas prices are taking the smallest piece out of an average American's paychecks since 2003 if you exclude the pandemic," said Patrick de Haan of Gas Buddy.

A man pumps gas ahead of Memorial Day weekend in Phoenix

Big picture view:

A Gas Buddy analysis predicts a gallon of gas to sell for $3.08. 

It would be the second lowest for a holiday weekend since 2003.

"I'm hopeful that Memorial Day will be the most expensive summer holiday and that prices could be progressively lower for the Fourth of July and at their lowest level on Labor Day," he said.

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Memorial Day travel

Big picture view:

Nearly one million people are expected to hit the roads in the Grand Canyon state this weekend, according to AAA.

"People are really committed to travel right now. We've seen record demand for cruises, international flights; people just really want to go out and take a vacation," said Julian Parades of AAA. 

So what if you're leaving the state this weekend? 

"You can probably budget a little bit less on gas," said Parades. "Really, good news if you are taking a road trip, gas is a little bit cheaper right now."

Gas Buddy says California prices will stay above $4, but places like New Mexico or Texas will have lower prices than here in Arizona.

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