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GasBuddy Virginia gas price update, outlook

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GasBuddyGasoline prices in Virginia have risen 0.9 cents per gallon in the past week, averaging $2.62/g yesterday, according to the GasBuddy daily survey of 4,081 stations in Virginia. This compares with the national average that has increased 1.6 cents per gallon versus last week to $2.84/g, according to GasBuddy.

Average gasoline prices on September 10 in Virginia have ranged widely over the last five years:
$2.56/g in 2017, $1.99/g in 2016, $2.11/g in 2015, $3.17/g in 2014 and $3.34/g in 2013.

Including the change locally during the past week, prices yesterday were 6.2 cents per gallon higher than a year ago and are 1.4 cents per gallon lower than a month ago. The national average has dropped 2.4 cents per gallon during the last month and stands 18.1 cents per gallon higher than a year ago.

Areas near Virginia and their current gas price climate:
Roanoke- $2.55/g, up 2.7 cents per gallon from last week’s $2.52/g.
Richmond- $2.57/g, up 1.4 cents per gallon from last week’s $2.55/g.
West Virginia- $2.83/g, up 2.0 cents per gallon from last week’s $2.81/g.

“Last week saw a brief and fairly tame rise in the national average, brought on mainly by a select few states where gas prices tend to be volatile. Overall, it was a mostly stable week with some up and down movement state-by-state, but now we await the changeover to winter gasoline that happens this Saturday for some relief at the pump,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “While Hurricane Florence may pose fuel-related challenges for areas of the East Coast, there is little to no threat to refineries at this time and is thus unlikely to bring measurable impact to the national average price of gasoline, but could bring supply challenges to several states, depending on levels of evacuations and timing of them. Hurricane season aside, gasoline demand will likely drift lower nearly countrywide, putting some additional downward impact on prices in most communities over the next few weeks.”

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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