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Gas prices back over $3 per gallon mark nationally, and expected to stay there

Chris Graham
fueling up at gas station
Photo: © MargJohnsonVA/stock.adobe.com

GasBuddy says we should expect gas prices to hover around the $3-per-gallon mark for the foreseeable.

OPEC+ announced another boost to oil production for December over the weekend, though they also signaled a pause in further increases from January through March. For now, expect the national average to hover in the low-$3 range, potentially drifting lower once refinery issues are resolved,” said Patrick De Haan, the head of petroleum analysis at GasBuddy, which pegged the average of a gallon of regular unleaded at $3.03 a gallon at the end of the business day on Monday, up four cents from a day ago.

The average price in Virginia is holding steady for the day at $2.90 a gallon, which is still up six cents per gallon from a week ago.

The national average price of diesel has increased 2.5 cents compared to a week ago and stands at $3.66 per gallon.

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Chris Graham

Chris Graham

Chris Graham 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, TikTok, BlueSky, or subscribe to Substack or his Street Knowledge podcast. Email Chris at [email protected].