Average gasoline prices in Virginia continued their downward plunge last week, falling 11.5 cents per gallon to an average of $2.99 per gallon as of Monday, Dec. 19, according to GasBuddy’s survey of 4,081 stations in Virginia.
Prices in Virginia are 43.7 cents per gallon lower than they were a month ago and are 18.7 cents per gallon lower than they were a year ago. The national average price of diesel fell 14.1 cents in the last week and stands at $4.77 per gallon.
According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.53 per gallon Monday while the most expensive was $4.49 per gallon, a difference of $1.96 per gallon.
The national average price of gasoline fell 11.9 cents per gallon last week, averaging $3.09 per gallon as of Monday. The national average is down 57.1 cents per gallon from a month ago and 20 cents per gallon from a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering more than 150,000 gas stations across the country.
“The national average for a gallon of gasoline is down nearly $2 compared to six months ago, and heading into Christmas travel week, is at its lowest in a year and a half, saving Americans some $750 million every day,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the decline should take the national average under $3 per gallon in the next week or so, it is soon likely to fade as oil prices have held in the $70 per barrel range,” according to De Haan. “But while the declines for gasoline may fade, diesel prices still have considerable ground to cover, and could fall another 50 cents or more in the weeks ahead. Fuel prices across the board have been plunging back into territory more Americans feel is normal, which could certainly boost economic sentiment going forward,” said De Haan.
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.