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Virginia

Gas prices continue to hover around $3-per-gallon mark nationally

Chris Graham
Gas prices
(© fred goldstein – stock.adobe.com)

The average gas price across the U.S. is still just a sliver above the $3-per-gallon mark, sitting at $3.01 per gallon at the start of the business day on Monday, according to GasBuddy.

Virginia drivers are paying $2.94 per gallon, down 5.4 cents from last week.

The national average price of diesel has declined 1.3 cents in the last week and stands at $3.503 per gallon.

The GasBuddy data is compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Gas prices are at their lowest level at the start of Thanksgiving week since the 2021 Thanksgiving season.

“Ahead of Thanksgiving, motorists continue to be teased by the prospect of a $2.99 per gallon national average, a level now seen in 32 states. But for the last few weeks, the stars just haven’t quite aligned,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Last week, Russia’s threats after Ukraine used long-range U.S. missiles pushed oil prices back above $70 per barrel. Now, some promotions ahead of Thanksgiving are pushing gas prices back down, even as oil remains elevated. For now, we’re just pennies away from the national average falling to $2.99, but for a third year, we may again fall short.”

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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].

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