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

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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 his Street Knowledge podcast. Email Chris at [email protected]. Support AFP by signing up for our newsletter and/or powering our work with a one-time or monthly contribution.