Virginia gas prices were unchanged in the past week, averaging $3.30/g Monday, according to GasBuddy’s daily survey of 4,081 stations in Virginia. Gas prices in Virginia are 18.9 cents per gallon higher than a month ago and stand $1.25/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.95/g Monday while the most expensive was $3.89/g, a difference of 94.0 cents per gallon.
The national average price of gasoline rose 1.8 cents per gallon in the last week, averaging $3.41/g as of Monday. The national average is up 15.1 cents per gallon from a month ago and stands $1.31/g higher than a year ago.
“Last week saw oil prices briefly fall back under $80 for the first time in weeks,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While it wasn’t enough to provide much relief last week, we should see small declines this week in a majority of the country, thanks to the corresponding drop in wholesale gasoline prices. At OPEC’s monthly meeting last week, the cartel held firm to the small increases they agreed to in July, raising November production by 400,000 barrels per day.
“With President Biden still mulling over options to help push gas prices down, we could continue to see some volatility in oil prices,” De Haan said. “I don’t immediately see a large decline or surge coming in the run up to Thanksgiving, but U.S. gasoline demand does remain strong. Levels are currently rivaling September demand, so we know high prices aren’t significantly curbing consumption.”
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 are accessible at http://FuelInsights.GasBuddy.com.