GasBuddy Virginia gas price update, outlook
Gas prices in Virginia have fallen 2.5 cents per gallon in the past week, averaging $2.08/g yesterday, according to GasBuddy’s daily survey of 4,081 stations in Virginia. This compares with the national average that has fallen 3.0 cents per gallon versus last week to $2.22/g, according to GasBuddy.
Average gasoline prices on January 7 in Virginia have ranged widely over the last five years:
$2.33/g in 2018, $2.24/g in 2017, $1.79/g in 2016, $2.10/g in 2015 and $3.23/g in 2014.
Including the change locally during the past week, prices yesterday were 25.2 cents per gallon lower than a year ago and are 19.5 cents per gallon lower than a month ago. The national average has dropped 19.9 cents per gallon during the last month and stands 26.0 cents per gallon lower than a year ago.
Areas near Virginia and their current gas price climate:
Roanoke- $1.99/g, down 1.6 cents per gallon from last week’s $2.01/g.
Richmond- $1.92/g, down 3.9 cents per gallon from last week’s $1.96/g.
West Virginia- $2.26/g, down 2.6 cents per gallon from last week’s $2.29/g.
“After a brief hiccup that saw the nation’s average gas price rise for two days last week, the overall trend remains in favor of lower gas prices, even as oil prices have rallied. The window for cheap gas prices continues to close, however, and by mid-February will likely be completely closed- so do take advantage of the low prices while they last,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “While eleven states are seeing their statewide average under $2 per gallon, nearly half of the nation’s gas stations are selling under $2 per gallon. In fact, while the average price remains higher, the median gas price in the U.S. sits at $2.07 per gallon- much of which can be blamed on much higher gas prices on the West Coast- where more relief in the form of lower prices can be expected.”
For live fuel price averages, visit http://FuelInsights.GasBuddy.com.
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.