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Virginia’s gas prices fell last week

Mountain Media, LLC by Mountain Media, LLC
May 26, 2021
in Local Stories
0

According to GasBuddy’s price reports issued Monday, Virginia’s gas prices fell by 0.9 cents per gallon in the past week to a statewide average across 4,081 stations of $2.95/g.

Gas prices in Virginia are still 22.8 cents per gallon higher than a month ago and stand $1.16/g higher than a year ago.

According to GasBuddy’s survey, the cheapest station in Virginia is priced at $2.57/g while the most expensive is $4.09/g.

The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.02/g Monday. The national average is up 14.0 cents per gallon from a month ago and stands $1.07/g higher than a year ago.

“In the lead-up to Memorial Day, we haven’t seen gas prices come down much, though with oil’s recent move lower, we should start to see more drops at the pump materialize in the days ahead,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

“With the Colonial Pipeline situation continuing to improve in Southeastern states, fueling up for the holiday weekend shouldn’t be too challenging, save for a few pockets in Georgia, North Carolina, and South Carolina, where outages remain a bit higher than neighboring states,” De Haan said. “For those hitting the road, we should see prices inch lower in the coming week through at least Memorial Day, so motorists need not rush to fill their tanks as the drop in oil prices should manifest into lower gas prices as we begin the summer driving season.”

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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