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Home Local Stories

Virginia gas prices fall by 7.6 cents per gallon

November 25, 2022
in Local Stories, Local Stories
Reading Time: 2 mins read
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Average gasoline prices in Virginia fell by 7.6 cents per gallon last week, averaging $3.42/g tas of Monday, Nov. 21, according to GasBuddy’s survey of 4,081 stations in Virginia.

Prices in Virginia are 10.4 cents per gallon lower than they were a month ago but are still 14.2 cents per gallon higher than they were a year ago. The national average price of diesel has declined 6.7 cents in the last week and stands at $5.28 per gallon.

According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.69/g Monday while the most expensive was $4.49/g, a difference of $1.80/g.

The national average price of gasoline fell 11.9 cents per gallon last week, averaging $3.64/g Monday. The national average is down 16.4 cents per gallon from a month ago but is still 24.5 cents per gallon higher than it was a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“What an incredible turnaround in the last week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While a decline was expected in more states than last week, I didn’t expect every single state to hop on the bandwagon so quickly. But, it’s terrific news as motorists prepare for Thanksgiving travel, with tens of thousands of stations under $3 per gallon, and thousands more to join in the next few weeks, barring a dramatic turnaround

“Everyone will be seeing relief at the pump this week, with even more substantial declines on the way as oil prices plummeted last week to briefly trade under $80 per barrel,” De Haan said. “It’s not impossible that if oil markets hold here, we could see a national average of $2.99 around Christmas, certainly the gift that every motorist is hoping for. Drivers shouldn’t be in a rush to fill up as prices will come down nearly coast-to-coast into the heavily traveled Thanksgiving holiday.”

 

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy data is accessible at http://prices.GasBuddy.com.

 

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