Virginia gas prices rose 1.1 cents per gallon in the past week, averaging $2.95/g by week’s end, according to GasBuddy’s daily survey of 4,081 stations in Virginia. Gas prices in Virginia are 2.4 cents per gallon higher than a month ago and stand 93.6 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Virginia is priced at $2.65/g while the most expensive is $3.69/g, a difference of $1.04/g.
The national average price of gasoline has risen 0.5 cents per gallon in the last week, averaging $3.13/g. The national average is up 5.0 cents per gallon from a month ago and stands 93.7 cents per gallon higher than a year ago.
“While the national average has seen a slight rise over the last week, we may see some stabilization coming to the pump as oil prices hold just under their 2021 peak from last week,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
“Without additional crude oil supply coming online in the weeks ahead, we could see oil test $80 per barrel in the next couple of weeks,” De Haan said. “However, with U.S. gasoline demand falling slightly last week, we may have already seen peak consumption with the July 4 holiday. While the jury isn’t quite in on that just yet, we’re potentially only 4-6 weeks away from gas prices beginning a seasonal decline that we’re likely all eagerly awaiting.”
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.
