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Virginia gas prices jump back up

Mountain Media, LLC by Mountain Media, LLC
March 14, 2023
in Legals, Local Stories, Local Stories
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Average gasoline prices in Virginia rose by 10.9 cents per gallon in the last week, averaging $3.25/per gallon as of Monday, March 13, according to GasBuddy’s survey of 4,081 stations in Virginia.

Prices in Virginia are 0.8 cents per gallon higher than a month ago but are still 98.4 cents per gallon lower than a year ago. The national average price of diesel fell 4.1 cents per gallon last week and stands at $4.30 per gallon.

According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.92 per gallon Monday, March 13, while the most expensive was $3.99 per gallon, a difference of $1.07/g.

The national average price of gasoline rose eight cents per gallon per last week, averaging $3.44 per gallon Monday, March 13. The national average is up 7.1 cents per gallon from a month ago and stands 87.7 cents per gallon lower 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.

“With the transition to more expensive summer gasoline underway coast to coast, wholesale gasoline prices continue to inch up at a rate typical for this time of year, reflected in the national average rising for the second straight week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While oil prices edged slightly lower on weaker outlooks for economic growth, continued refinery maintenance and the higher cost of seasonal blends of fuel are offsetting oil’s decline.” According to De Haan, “The price of diesel, however, continues to slowly decline as we see consumption for diesel lighten up. The best news for both gasoline and diesel prices is how significant a drop we’ve seen from year-ago levels, with more disinflation to come in the weeks ahead, even as gas prices are likely to inch up.”

 

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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