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Gas prices continue to hold steady: Analyst focused on potential for weather impacts

Chris Graham
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Gas prices are up a tick this week, increasing 2.1 cents per gallon nationally and 0.9 cents per gallon in Virginia, according to the gas price tracker GasBuddy.

Patrick De Haan, the head of petroleum analysis at GasBuddy, notes that we’ve been in the same 10-cent price range since April.

It’s been a remarkably quiet summer for gas prices, which have been far less active than normal,” De Haan said.

Virginia consumers are paying, on average, $3.42 per gallon this morning, and nationally, drivers are paying an average of $3.55 per gallon at the pump.

The national average price of diesel has risen 2.7 cents in the last week and stands at $3.83 per gallon.

De Haan is focused on the weather as the next driver for gas prices.

“With tremendous heat gripping much of the country, I remain concerned about the fuel that such high temperatures will provide for tropical systems that venture into the Atlantic and Caribbean,” De Haan said.

“For now, I don’t expect much change in the toss up that has been gas prices for weeks on end. But, with gasoline demand now hitting its summer high, there remain some risks that could disturb gas prices in a significant way before summer’s end.”

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, and Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, and The Worst Wrestling Pay-Per-View Ever, published in 2018. 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].