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Virginia gas prices show slight increase

Mountain Media, LLC by Mountain Media, LLC
March 10, 2023
in Local Stories, Notices
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Average gasoline prices in Virginia rose 1.4 cents per gallon last week, averaging $3.14 per gallon as of Monday, March 6, according to GasBuddy’s survey of 4,081 stations in Virginia. Prices in Virginia are 17.8 cents per gallon lower than they were a month ago and are 85 cents per gallon lower than they were a year ago.

The national average price of diesel fell 4.6 cents last week to stand at $4.34 per gallon Monday.

According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.81 per gallon Monday, March 6, while the most expensive was $3.99 per gallon, a difference of $1.18 per gallon.

The national average price of gasoline rose 3.5 cents per gallon last week, averaging $3.36 per gallon as of Monday, March 6. The national average is down 6.5 cents per gallon from a month ago and is  69.3 cents per gallon lower than it was a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“The national average rose last week as the transition to summer gasoline has now started across the entire country,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “The higher cost of these various blends is being passed along to motorists, as we see every year ahead of the summer driving season,” according to De Haan. “Some regions are moving to the required summer gasoline in different steps then others, and the fragmentation of required blends absolutely plays a role in these price increases. Logistical challenges in making the transition during a time when refiners are also doing maintenance work can create hotspots and lead to noticeable jumps in prices during the spring,” said De Haan. “While we may not see weekly increases, the overall trend will remain upward through much of the spring. By Memorial Day, most of the nation will be transitioned to their respective required blend of fuel, and gas prices could ease, but a $4 per gallon national average remains possible by then.”

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.

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