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Virginia gas prices rose by 27.4 cents in past month

Mountain Media, LLC by Mountain Media, LLC
October 26, 2021
in Local Stories, Notices
0

Virginia gas prices rose 6.6 cents per gallon in the past week, averaging $3.28/g as of Monday according to GasBuddy’s daily survey of 4,081 stations in Virginia. Gas prices in Virginia are 27.4 cents per gallon higher than a month ago and stand $1.19/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Virginia was priced at $2.84/g Monday while the most expensive was $3.69/g, a difference of 85.0 cents per gallon.

The national average price of gasoline has risen 3.8 cents per gallon in the last week, averaging $3.36/g as of Monday The national average is up 17.1 cents per gallon from a month ago and stands $1.21/g higher than a year ago.

“Gas prices continued to soar in a majority of the nation over the last week as oil’s meteoric rise pulls gasoline and other refined product prices higher. But, there may be some light at the end of the tunnel,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “The sharp rise we’ve seen over the last three weeks should begin slowing down soon, barring another jump in the price of oil. This is because gasoline prices have now largely caught up to the jump in oil that started nearly a month ago. This isn’t an all-clear for the future, however, as oil prices could rise again at any time. But for now, oil has held around $83 per barrel, and without a further climb, gas price increases should slow down soon in the bulk of the nation.”

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://FuelInsights.GasBuddy.com.

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