Average gasoline prices in Virginia fell 7.5 cents per gallon last week, averaging $3.33 per gallon as of Monday, Feb. 6, according to GasBuddy’s survey of 4,081 stations in Virginia.
As of Monday, prices in Virginia were 15.5 cents per gallon higher than they were a month ago and six cents per gallon higher than they were a year ago.
The national average price of diesel fell 5.2 cents last week to finish at $4.60 per gallon Monday, Feb. 6.
According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.95 per gallon Monday while the most expensive was $4.29 per gallon, a difference of $1.34/g.
The national average price of gasoline fell 4.4 cents per gallon last week, averaging $3.44 per gallon on Monday, Feb. 6. The national average is up 17.5 cents per gallon from a month ago and is 1.7 cents per gallon higher than 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.
“For the first time in 2023, the national average price of gasoline has seen a weekly decline, primarily thanks to a sharp and sudden drop in the price of oil,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the decline in both gasoline and diesel prices is terrific, it’s not unusual to see prices falling in February, which tends to be the month with some of the lowest gasoline prices of the year thanks to seasonally weak demand,” said De Haan. “For diesel, we’re likely to see more declines, and potentially much more significant in the weeks ahead as imports of distillate have accelerated, leading to a sell-off. And, with warmer weather ahead, demand may struggle as well.” According to De Haan, “Especially for gasoline, high levels of coming maintenance and the eventual transition to summer gasoline could lead today’s declines to reverse down the road. For now, motorists should enjoy the decline, but be wary as we’re likely to eventually see increases again down the road.”
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 are accessible at http://prices.GasBuddy.com.
Leave a Reply