Home Average gas prices below $3.00 per gallon nationwide: Further price drops projected
Economy

Average gas prices below $3.00 per gallon nationwide: Further price drops projected

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

Gas prices are at their lowest non-COVID era level since 2015, according to GasBuddy, which has the average price nationally at $2.97 per gallon at the start of the business day on Monday.

GasBuddy surveys more than 150,000 stations nationwide each day; of that total, nearly 110,000 are below $3 per gallon.

“The national average has finally fallen below $3 per gallon, and it couldn’t come at a better time for motorists with the holidays upon us,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

Virginia drivers are paying an average of $2.88 per gallon, which is down 10.2 cents from a month ago and 16.4 cents per gallon from a year ago.

The national average price of diesel has declined 2.3 cents in the last week and stands at $3.491 per gallon.

“The good news is that we’ll likely continue to see additional downward pressure on gas prices, with the national average potentially falling another 10 to 15 cents by Christmas,” De Haan said.

Chris Graham

Chris Graham

Chris Graham, the king of "fringe media," a zero-time Virginia Sportswriter of the Year, and a member of zero Halls of Fame, 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, or subscribe to his Street Knowledge podcast. Email Chris at [email protected].

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