Home GasBuddy: Gas prices continue slow march down toward $3 per gallon mark
Virginia

GasBuddy: Gas prices continue slow march down toward $3 per gallon mark

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

Drivers nationally are paying an average of $3.03 per gallon for gas, and Virginia drivers are paying $2.97 a gallon, according to data released on Monday by GasBuddy.

The national average price of diesel has declined 0.4 cents in the last week and stands at $3.52 per gallon.

The national average for regular unleaded is down 16.7 cents per gallon from a month ago and stands 32.3 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country

“While the election has come and gone, gas prices have stayed the course, with the national average price of gasoline declining for a fourth consecutive week as seasonal demand weakens and Americans begin to take refuge from falling temperatures,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“While some may be surprised by the declines — some 28 states have average gas prices below $3 per gallon — this was anticipated in our annual Fuel Outlook from last December. Looking back at our outlook provides insight into the current drop and what we expect next,” De Haan said.

“It appears to be just a matter of time before the national average falls below $3 per gallon for the first time since May 2021, something we’ve already seen for diesel prices, which many Americans will be thankful for as we get closer to Thanksgiving,” De Haan said.

 
 

 




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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.

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