GasBuddy Virginia gas price update, outlook
Average retail gasoline prices in Virginia have risen 5.1 cents per gallon in the past week, averaging $2.62/g yesterday, according to GasBuddy’s daily survey of 4,081 gas outlets in Virginia. This compares with the national average that has increased 4.3 cents per gallon in the last week to $2.81/g, according to gasoline price website GasBuddy.com.
Including the change in gas prices in Virginia during the past week, prices yesterday were 42.6 cents per gallon higher than the same day one year ago and are 15.4 cents per gallon higher than a month ago. The national average has increased 15.2 cents per gallon during the last month and stands 42.9 cents per gallon higher than this day one year ago.
According to GasBuddy historical data, gasoline prices on April 30 in Virginia have ranged widely over the last five years:
$2.20/g in 2017, $2.04/g in 2016, $2.38/g in 2015, $3.51/g in 2014 and $3.36/g in 2013.
Areas near Virginia and their current gas price climate:
Roanoke- $2.57/g, up 3.6 cents per gallon from last week’s $2.53/g.
Richmond- $2.61/g, up 5.9 cents per gallon from last week’s $2.56/g.
West Virginia- $2.75/g, up 2.0 cents per gallon from last week’s $2.73/g.
“The national average is now at its highest point since November 2014 with average gas prices advancing in nearly every state,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “The only good news for motorists? We’re nearing a turning point in the U.S.- gas prices are perhaps just a dime away from hitting a peak for the short-term, pending OPEC’s meeting in June. With refineries well positioned for the summer months, we look for some relief by mid-June, but do expect this summer to remain one of the priciest in the last few as average prices climb close to the psychological $3 per gallon barrier.”
For LIVE fuel price averages, visit FuelInsights.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.