news gas prices continue upward climb could relief at the pump be on the way
U.S./World

Gas prices continue upward climb: Could relief at the pump be on the way?

gas
(© Daniel Thornberg – stock.adobe.com)

The pre-Christmas drop in gas prices has gone in the other direction the past two weeks, with prices at the pump up 8.2 cents per gallon nationally over the past week.

The national average is at $3.25 per gallon, according to GasBuddy, back to where it was a month ago.

Virginia’s average for a gallon is $3.18, up 10 cents from last week.

Patrick De Haan, the head of petroleum analysis at GasBuddy, attributed the increases over the past week to continued refinery issues from the Christmas week cold snap.

“I’m optimistic that as refiners get back online, we could see the increases slow down as we head into the time of year when gasoline demand is at its weakest,” De Haan said. “While gasoline prices have rallied, average diesel prices continue to drift lower, which certainly bodes well for the overall economy. As long as refiners are able to get back online soon from previous cold-weather outages, we could see supply start to recover at the same time demand is weak, which could bring gas prices down again.”

Chris Graham

Chris Graham

In addition to being the editor of Augusta Free Press, I've written seven books, including Poverty of Imagination and Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, both published in 2019, and The Worst Wrestling Pay-Per-View Ever, published in 2018. For my commentaries on news, sports and politics, go to my YouTube page, youtube.com/chrisgrahamAFP. Want to reach me? Try [email protected].

Latest News

virginia tech men's basketball
Sports

Virginia Tech’s postseason hopes fading after 82-76 home loss to Boston College

police crime scene
Virginia

Richmond Police identify victims in Jan. 27 shootout that claimed two lives

Richmond Police have identified the two males who died in a shootout on St. Paul Street on Jan. 27.

George Mason
Sports

Shorthanded George Mason struggles on offense, gets waxed at Duquesne, 75-52

George Mason shot 37.3 percent and committed 21 turnovers in a 75-52 loss at Duquesne on Wednesday.

Sports

Virginia goes back to Shedrick: Is McKneely next to get a push from Bennett?

football TV
Sports

What is the most expensive commercial in Super Bowl history? Ask Alexa

Perspectives

DeSantis doesn’t like Trump saying he groomed hot teens with alcohol

business open cafe restaurant apron sign
Local

Business training program looks to fill vacant spaces in village of Lovingston