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Virginia gas prices on the rise again; national average reaches record level

Mountain Media, LLC by Mountain Media, LLC
June 29, 2021
in Local Stories, Local Stories
0

Virginia gas prices rose 0.4 cents per gallon in the past week, averaging $2.93/g according to GasBuddy’s daily survey of 4,081 stations in Virginia.

Gas prices in Virginia are 1.2 cents per gallon lower than a month ago and stand 94.3 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Virginia is priced at $2.64/g today while the most expensive is $3.49/g, a difference of 85.0 cents per gallon.

The national average price of gasoline has risen 2.5 cents per gallon in the last week to an average of $3.09/g. The national average is up 4.7 cents per gallon from a month ago and stands 92.1 cents per gallon higher than a year ago.

“With oil’s continued push higher, fueled by continued strong demand globally and production only slowly answering, gasoline prices have had no choice but following the national average last week setting a new 2021 high,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “As we approach July 4, it appears the only way forward is for gas prices to continue their rise as Americans’ insatiable demand for gasoline continues to be the catalyst for the rise in price. With hurricane season soon coming into its prime, we have plenty of catalysts for a rise in price, and few that could restrain the situation. Motorists should prepare to dig deeper for the second half of the summer, unfortunately.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. 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://FuelInsights.GasBuddy.com.

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