Virginia gas prices fell 2.9 cents per gallon in the past week, averaging $3.24/g as of Monday, Nov. 29, according to GasBuddy’s daily survey of 4,081 stations in Virginia.
Gas prices in Virginia are five cents per gallon lower than a month ago but are still $1.17/g higher than a year ago.
According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.89/g Monday while the most expensive was $3.89/g, a difference of 100.0 cents per gallon.
The national average price of gasoline fell 3.4 cents per gallon last week, averaging $3.37/g Monday, Nov. 29. The national average is down 1.4 cents per gallon from a month ago but is still $1.26/g higher than it was a year ago.
“Gas price declines are slowly picking up momentum. With oil’s recent fall and the jury out on a new COVID variant, Omicron, we could be in store for lower prices based on many countries turning back to travel restrictions, limiting oil demand, and potentially accelerating the drop in gas prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
“There remains a very high level of uncertainty ahead of us as OPEC has delayed its meetings to await more market movements and information on Omicron,” said De Haan. “But so far, Americans can expect the new variant to push gas prices even lower. Beyond the next few weeks, it remains nearly impossible to predict where oil and gas prices will head, though turbulence is guaranteed.”
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://prices.GasBuddy.com.
