Home Gas prices up, slightly, this week: Where is the long-term trend headed?
Region/State

Gas prices up, slightly, this week: Where is the long-term trend headed?

Chris Graham
gas
(© Daniel Thornberg – stock.adobe.com)

Gas prices are up again, modestly, this week, with GasBuddy measuring the average across the U.S. up 2.5 cents per gallon over the past week, to $3.28 per gallon.

Virginia actually saw a slight decrease of 2.4 cents per gallon, to $3.15 per gallon, according to the GasBuddy data.

Diesel is down 7.2 cents per gallon over the past week, to $4.56 per gallon.

Gas prices may “nudge up slightly” in the week ahead in some areas, according to Patrick De Haan, head of petroleum analysis at GasBuddy, but the longer-term forecast is for a decline.

“Oil prices have seen a bit of a rally, finishing last week at nearly $80 per barrel again as Chinese demand starts to jump as expected, but with COVID cases and deaths now also surging in China, the jump in demand could be short-lived,” De Haan said.

Support AFP




Multimedia

 

Chris Graham

Chris Graham

Chris Graham is the founder and editor of Augusta Free Press. A 1994 alum of the University of Virginia, Chris is the author and co-author of seven books, including Poverty of Imagination, a memoir published in 2019. For his commentaries on news, sports and politics, go to his YouTube page, TikTok, BlueSky, or subscribe to Substack or his Street Knowledge podcast. Email Chris at [email protected].

Latest News

waynesboro map
Local

Waynesboro citizens group prepared for fight with city over Mimosa Farm

power grid electricity
Virginia Politics

SCC chair, heading up NextEra-Dominion merger review, is a former NextEra attorney

The Virginia State Corporation Commission is in charge of the review of the proposed $67 billion NextEra Energy-Dominion Energy merger. The chair of the SCC, Kelsey A. Bagot, was a senior attorney at NextEra Energy before her appointment in 2024.

child vaccine
Virginia Politics

VDH on Trump order on MMR vaccines: He doesn’t know what he’s talking about

The Virginia Department of Health is telling us to go ahead and ignore Donald Trump on MMR vaccines, because he doesn’t know anything. “Virginia’s families should be able to trust that our vaccine recommendations are grounded in the best available science and focused on protecting the health and well-being of their children,” State Health Commissioner Dr. Cameron...

seth trimble unc basketball
Basketball

ACC Basketball: UNC alum Seth Trimble taking ‘extra year’ to Louisville

sting aew retirement
Etc.

We never got Sting-Undertaker: What other wrestling matches were we robbed of?

airplane in sky
Trump's America

Trump leaves press, staffers, military on Air Force One to die so he can fly in peace

voter at election polling place
Virginia Politics

Spanberger: We need poll workers for Election Day, now more than ever