GasBuddy Virginia gas price update, outlook

GasBuddyGas prices in Virginia have fallen 5.6 cents per gallon in the past week, averaging $2.16/g yesterday, according to the GasBuddy daily survey of 4,081 stations in Virginia. This compares with the national average that has fallen 5.9 cents per gallon versus last week to $2.31/g, according to GasBuddy.

Average gasoline prices on December 24 in Virginia have ranged widely over the last five years:
$2.26/g in 2017, $2.15/g in 2016, $1.82/g in 2015, $2.26/g in 2014 and $3.18/g in 2013.

Including the change locally during the past week, prices yesterday were 9.6 cents per gallon lower than a year ago and are 22.8 cents per gallon lower than a month ago. The national average has dropped 23.1 cents per gallon during the last month and stands 12.2 cents per gallon lower than a year ago.

Areas near Virginia and their current gas price climate:
Roanoke- $2.07/g, down 2.6 cents per gallon from last week’s $2.10/g.
Richmond- $2.00/g, down 5.7 cents per gallon from last week’s $2.06/g.
West Virginia- $2.33/g, down 7.5 cents per gallon from last week’s $2.41/g.

“Gas prices broadly continue to move lower across much of the country as oil prices continue to melt away,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “31 states now are seeing at least one price under $2 per gallon while the most common price seen across the land has dropped to $1.99 per gallon, with over a quarter of stations in the U.S. under that psychologically important level. Americans are spending $225 million less every day on gasoline than they did some 75 days ago.”

For live fuel price averages, visit http://FuelInsights.GasBuddy.com.

About GasBuddy

GasBuddy is the technology company changing the way more than 75 million consumers find, purchase, and save money on gasoline. Founded in 2000, the original GasBuddy website was a pioneer in crowd-sourced information, leveraging technology, big data, and a passionate community that now connects more than 70 million users with real-time, accurate fuel pricing information as well as reliable reviews of gas station amenities and services. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms. For more information, visit www.gasbuddy.com.

         
 

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